OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed non-state pension fund BLAGOSOSTOYANIE reliability rating A++, which means "Exceptionally high (the highest) level of reliability". The rating outlook is "stable".

In the course of rating evaluation of the Fund the Agency highlighted strong market position, high average client account under non-state pension scheme and high quality of risk management system as positive factors.

Low sufficiency of property for charter operations, low ratio of premium reserve to pension liabilities coverage provision, low diversification of pension assets by management companies belong to the rating-restraining factors. Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity. Our purpose is to produce a new knowledge and transfer it to the society, business and authorities in an understandable way.

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.

Expert RA is accredited at the RF Ministry of Finance. The Agency ratings are included in the list of official requirements to banks, insurers, pension funds, issuers. Expert RA ratings have been officially recognized by FSFM, Central Bank of Russia, Vnesheconombank of Russia, MICEX-RTS, Mortgage Crediting Agency, Deposit Insurance Agency, professional associations and self-regulating organizations: VSS, Russia Association, Strategic Initiative Agency, RSA, NAPF, NLU, NSG, NFA, and hundreds of companies and agencies in the period of bids and tenders.

Over 5000 companies from different segments of economy cooperate with Expert RA. The Agency has clients from 10 countries. The Agency database contains over 20000 company names.

By now the Agency assigned about 800 individual ratings. Expert RA is the largest rating agency in Russia and CIS, it tops the list of other Russian and foreign agencies by a number of ratings assigned to banks and companies in CIS countries. Expert RA is the first (36%) at the market of legal entity credit risks, the first at the bank rating market; the first (85%) at the market of credibility ratings, assigned to Russian insurance companies in Russia.