Expert RA Assigns Sberbank Insurance Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'Sberbank Insurance' insurance company reliability rating А++, which means extremely high reliability. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term.
High reliability and significance of the partner bank for the Russian economy as well as the Company's well-developed brand and high reputation have a positive impact on the final rating. In addition, the low operating costs and the positive technical result, not considered on the accrual basis, in life assurance for the last 4 quarters are also highlighted as positive factors.
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