Expert RA Assigns Sibirsky Spas Insurance Company Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Sibirsky Spas' insurance company reliability rating A, which means high reliability, the first sub-level, the positive outlook. The positive outlook means high probability of upgrading the rating in the mid-term.
High deviation of the actual solvency margin from the minimum share capital had a positive impact on the Company rating.
Low insurance portfolio diversification, high loss under SMTPLI, as well as low investment portfolio liquidity did not allow assigning a higher rating.
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