Expert RA Confirms Rosles Re Reinsurance Company Reliability Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Rosles Re reinsurance company reliability rating A ('High level of reliability'), the third sublevel. The rating outlook is stable.
High coefficients of the current liquidity ratio and corrected insurance net liquidity had a positive impact on the rating score.
Higher score cannot be assigned due to negative dynamics of reinsurance premiums, low deviation of actual solvency margin from the minimum authorized capital as well as low share of investments into monetary funds and deposits. Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.
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