OREANDA-NEWS. July 6, 2011. Expert RA Rating Agency assigned Ingosstrakh Life the A+ reliability rating indicating “the exceptionally high level of reliability”.

The agency rated the company A+ due to such factors as a high liquidity level, high solvency margin, and a low business cost rate, according to the agency’s assessment.

The rating is also positively impacted by a relatively low share of receivables and payables. Moreover, the agency experts point out reliability and diversification of reinsurance provided by Ingosstrakh Life.

Among the factors allowing to assess the company’s reliability at A+ there are such factors as a good level of liquidity and strength of the company’s investment portfolio, as well as good diversification of its distribution channels.

According to CEO of Ingosstrakh Life Sergey Tischenko, the A+ rating will allow the company to develop all business lines dynamically and strengthen the segments of partner sales and bank insurance.

Ingosstrakh Life is primarily engaged in providing personal life insurance, personal accident and illness insurance, as well as corporate accident and illness insurance and corporate pension insurance.