OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘Renaissance Life and Pensions’ PPF reliability rating А+, which means very high reliability. The rating outlook changed from stable to positive. The positive outlook means high probability of upgrading the rating in the mid-term.

The high investment risk management level, the moderately conservative investment policy and high accrued yield had a positive impact on ‘Renaissance Life and Pensions’ PPF rating.

The low ratio of property for statutory activities to pension funds and the high share of terminated statutory pension insurance contracts, against the background of increased business concentration on that market, were regarded as the rating-restraining factors.