Expert RA Confirms Geopolis Insurance Company Reliability Rating
OREANDA-NEWS. "Expert RA" rating agency confirmed "Geopolis" insurance company reliability rating A, which means high reliability, the third sublevel. The rating outlook is stable.
A significant deviation of the actual solvency margin from the minimum share capital, low operating costs, as compared with the market average, the high current ratio and the high adjusted net insurance liquidity ratio were highlighted among the factors positive for the insurer's financial stability.
Reduction in insurance premiums, the high net loss ratio and the high combined net loss ratio have a negative impact on the rating.
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