OREANDA-NEWS. 'Expert RA' rating agency upgraded 'British Insurance House' insurance company reliability rating from В+ to В++, which means acceptable reliability. The rating outlook is positive, which means high probability of upgrading the rating in the mid-term.

The high deviation of the actual solvency margin from the standard one, low loss ratios in the core lines of business and the low net loss ratio as well as the low share of receivables in assets are highlighted among positive factors.

Low investment portfolio liquidity and instability of its structure, the high share of claims handling costs, high commission fees and low RoE restrain the rating.