Yugoria Life CJSC Assigned 'A-' Reliability Rating
OREANDA-NEWS. The company's reliability rating is supported by its being part of an insurance group, beneficiary's high reliability rating, growing authorized capital, improving operating profitability and highly-rated reinsurers.
The rating is constrained by the company's negative premium growth, weakening market position, growing losses and modest solvency margin.
Yugoria Life CJSC, a subsidiary of Yugoria State Insurance Company OJSC (NRA's reliability rating of 'AA-'), has been active in the insurance market since 2007.
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