OREANDA-NEWS. 'Expert RA' rating agency downgraded 'Yugoria' SIC insurance company reliability rating to В++, which means acceptable reliability. The rating outlook is developing, which means equal probability of changing and maintaining the rating in the mid-term. The Company used to have rating A, which means high reliability, with the developing outlook.

High deviation of the actual solvency margin from the standard one, high reliability of the Company's investment portfolio and reinsurance coverage have a positive impact on the Company's reliability.

The high combined net loss ratio, low investment portfolio diversification and the Company's non-compliance with legal requirements to insurance reserve coverage were also highlighted as negative factors.