Expert RA Assigned Transsib Re Reinsurance Company Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Transsib Re' reinsurance company reliability rating А+, which means very high reliability, the rating outlook is stable, the sub-level is two.
High diversification of the portfolio by incoming reinsurance as well as the low share of payables in liabilities had a positive impact on the rating.
Low RoA and RoE, the moderately high share of claims handling costs as compared with other reinsurance companies, as well as the small size did not allow assigning a higher rating.
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