OREANDA-NEWS. National Rating Agency has affirmed SOGAZ OJSC’s individual reliability rating at ‘AAA’.

SOGAZ’s reliability assessment is supported by its long operating track record, leading position in the insurance market, improving key gross metrics, geographical diversification, well-balanced insurance and investment portfolios, low combined ratio, strong profitability and solvency indicators and solid liquidity position.

The rating is constrained by the challenging operating environment and SOGAZ’s growing exposure to the currency, political and reinsurance risks.