RAEX Confirms Rezonans Insurance Company Reliability Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Rezonans Insurance Company reliability rating A ("High level of reliability"), the third sub-level, the rating outlook changed from "negative" to "developing". Developing outlook means rating stability and change are equally likely in the mid-term.
The rating is positively influenced by high current liquidity ratios and corrected net insurance liquidity, high reliability of reinsurance coverage, low net loss ratio.
The rating score is restrained by high business expenses, low return on assets and low diversification of the insurance portfolio.
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