RAEX Confirms Regiongarant Insurance Company Reliability Rating
OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed REGIONGARANT insurance company rating A+ ("Very high level of reliability"). The first rating sub-level. The rating outlook is "stable", which means the likelihood of mid-term rating stability is high.
Positive influence on the rating is exerted by high deviation of the solvency margin actual size from the minimal value of the authorized capital, low values of net loss ratio and combined net loss ratio, high values of current liquidity and adjusted net insurance liquidity as well as low share of business expenses.
Such factors as reduction of insurance premiums, high dependence on main clients as well as weak position of the Company in the Russian insurance market did not allow assigning a higher rating score.
Expert RA is Russian rating agency working on a global scale, incorporated in 1997 by Expert magazine. Expert RA is a true market leader in ratings and survey-communication activity.
Expert RA was evaluated and certified as satisfying to ISO 9001:2008 demands in the following areas: assigning and actualizing expert assessments; analysis of markets and companies, survey activity; organization of business-forums, conferences and round tables. Rating methods were approved by leading international audit-consultation companies: PricewaterhouseCoopers, Deloitte. Procedural quality and information confidentiality principles are confirmed by Accenture.
Expert RA is accredited at the RF Ministry of Finance. The Agency ratings are included in the list of official requirements to banks, insurers, pension funds, issuers. Expert RA ratings have been officially recognized by FSFM, Central Bank of Russia, Vnesheconombank of Russia, MICEX-RTS, Mortgage Crediting Agency, Deposit Insurance Agency, professional associations and self-regulating organizations: VSS, Russia Association, Strategic Initiative Agency, RSA, NAPF, NLU, NSG, NFA, and hundreds of companies and agencies in the period of bids and tenders.
Over 5000 companies from different segments of economy cooperate with Expert RA. The Agency has clients from 10 countries. The Agency database contains over 20000 company names.
Комментарии