Negative Outlook Assigned to Insurance Group LLC's Rating
OREANDA-NEWS. National Rating Agency has affirmed its 'A' reliability rating on Construction Sector Insurance Group LLC (CSIG; Stroitelnaya Strakhovay Gruppa). The outlook is negative.
The reliability rating is supported by the insurer's premium income favourable trend, diversifying investment portfolio and low combined ratio (83% in 2014).
The rating is constrained by CSIG's dependence on major customers and the fact that some of its reinsurance partners have low reliability rating.
Комментарии