OREANDA-NEWS. National Rating Agency is withdrawing its reliability rating on RESO-Garantia Insurance Public Joint-Stock Company due to expiry of the rating contract. The company is assigned an exit rating of 'AAA'. RESO-Garantia was first assigned NRA's individual reliability rating of 'AAA' in 2013. The rating was reaffirmed in 2014 and 2015.

RESO-Garantia IPJSC is one of Russia's largest multiline insurers, ranking among Top-3 Russian insurers by gross written premiums.

The company operates as a subsidiary of the RESO Group, which includes more than 20 companies. Its business priorities include motor vehicle insurance, individual and corporate property insurance, motor third-party liability insurance and voluntary health insurance.