Expert RA Confirmed Interstractural Insurance Center Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Interstractural Insurance Center' reliability rating А, which means high reliability. The rating outlook was changed from developing to stable, which means high probability of maintaining the rating in the mid-term. The rating sub-level is three.
The high current liquidity ratio and the high adjusted net insurance liquidity ratio as of June 30, 2013, the low net loss ratio and the low combined net loss ratio in 1H2013 had a positive impact on the rating. In addition, high insurance premium growth rates were highlighted as a positive factor.
Such factors as the Company's high exposure to stock exchange risks in the absence of market risk management regulations and low deviation of the actual solvency margin from the standard one did not allow assigning a higher rating.
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