OREANDA-NEWS. Expert RA Rating Agency (RAEX) assigned ERGO Life Insurance Company reliability rating BBB according to international scale, which means "Acceptable level of reliability", with the stable outlook, which means high probability of maintaining the rating at the current level in the mid term. Rating of the Company A+ ("Very high level of reliability") according to the Russian scale remained unchanged with the stable outlook, the first sub-level.

The rating score of the insurance company was influenced positively by good solvency margin, high current liquidity and adjusted insurance net liquidity ratios.

The rating score was restrained by reduction of the Company equity, low diversification of the insurance portfolio by types of insurance and high dependence on one bank - partner. 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.

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