OREANDA-NEWS. Ekspert RA Rating Agency has affirmed the reliability rating of Ingosstrakh Insurance Company at А++ (Superior Financial strength) with 'stable' outlook meaning a high likelihood that the rating level will be maintained in mid-term perspective.

The research points out to a number of positive factors that influenced the resulting score, including high current liquidity (119.2%), deviation of actual solvency margin from the standard (95.7%), and a low policy administration costs (32.1%) - actual as of September 30, 2013.

The rating score was enhanced by the high reliability and diversification of Ingosstrakh Insurance Company's investment portfolio and reinsurance capacities. Over the 9 months of 2013 more than 80% of reinsurance premiums were accounted for by companies rated А+ and higher by Ekspert RA scale and/or similar international rating agencies.

According to Bank of Russia financial Market Service as of the end of 9 months of 2013 Ingosstrakh Insurance Company took the third place in accumulative insurance premiums, the first place in MOD insurance, the third place in compulsory motor third-party liability insurance and judicial entity property insurance, and the fourth place in the optional medical insurance.

As of September 30, 2013 the Company's assets amounted to RUB 97.2 b, own funds - RUB 22.3 b, and authorized capital - RUB 2.5 b. Over the 9 months of 2013 Ingosstrakh Insurance Company collected RUB 54.3 b of insurance premiums.

Ingosstrakh Insurance Company is one of the largest federal-scale companies holding leading positions in many sectors of insurance. Balanced approach to risk assessment and insurance rate policies enables the insurer to excel in recessionary market environment and keep a high profile in the industry.