OREANDA-NEWS. National Rating Agency has assigned its individual reliability rating of 'BBB' to Eurostrahovanie Insurance Company.

The rating is supported by the company's authorized capital increase, strong position in the agricultural risk insurance market, growing premiums and low loss ratio.

Our assessment of Eurostrahovanie's reliability is constrained by the company's poorly diversified portfolio of insured risks (with agricultural risks accounting for 99.9% of total premiums written), insufficiently well-defined growth strategy and high retention rate, combined with the absence of any reinsurance protection.