Expert RA Confirmed Arsenal Insurance Company Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Arsenal' insurance company reliability rating A, which means high reliability. The rating outlook is stable, the second sub-level.
Low ratios of receivables and payables to assets, high reinsurance protection reliability and the low maximum possible net insurance indemnity are highlighted among positive factors.
Such factors as the high share of off-balance liabilities and high operating costs do not allow assigning a higher rating. In addition, high commission fees in the main sales channel, low liquidity and diversification of the investment portfolio as well as the high share of affiliates in investments are typical of the Company.
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