RAEX Confirms IC Moskovia Reliability Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Moskovia insurance company reliability rating B++, which means "Acceptable level of reliability". The rating outlook is "stable", which means the likelihood of mid-term rating stability is high.
The rating score of the Insurance Company was influenced positively by high adjusted insurance net liquidity ratios, low ratio of payables to assets as well as low net loss ratio.
Such factors as quite high increment rates of insurance premiums, low deviation of the solvency margin actual size from the standard, low return on assets and equity, low insurance portfolio diversification did not allow assigning a higher rating score.
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.
Комментарии