Expert RA Downgrades GUTA-Insurance Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency downgraded 'GUTA-Insurance' insurance company reliability rating to A, which means high reliability, the third sublevel. The rating outlook was negative, which means high probability of downgrading the rating in the mid-term.
After downgrading, the rating was suspended. The Company used to have rating А+, which means very high reliability, the third sublevel, the developing outlook.
The rating was suspended due to the Agency's lacking of any official comments from the Company and the need for additional analysis of its financial standing.
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