Expert RA Rating Agency Confirmed GUTA-Strakhovanie
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'GUTA-Strakhovanie' Insurance Company reliability rating А+, which means very high reliability. The rating outlook was changed from stable to developing (it means that changing and maintaining the rating are equally probable in the mid-term).
The high current ratio and the high adjusted net insurance liquidity ratio, high reliability and diversification of the reinsurance coverage, low maximum possible net insurance indemnity, low reliance on the main customers and the large customer base were noted among positive factors of the insurer's financial stability.
The high combined net loss ratio, the high ratio of long-term loans and credits to equity and no experience of major indemnity payments, high maximum possible insurance indemnity per event for the entire gross portfolio were regarded as the rating-restraining factors.
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