OREANDA-NEWS. Expert RA Rating Agency (RAEX) upgraded Astro-Volga insurance company rating to A level ("High level of reliability"), the third sub-level. The rating outlook is "stable", which means the likelihood of mid-term rating stability is high. Earlier the Company had rating B++ with positive outlook.

High deviation of actual solvency margin from minimum authorized capital, high liquidity and diversification of investment portfolio as well as low share of business expenses are also named among positive factors.

Low reliability and low diversification of reinsurance coverage and reduction of insurance premiums were highlighted as negative factors.

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