OREANDA-NEWS. ‘Expert RA’ rating agency assigned ‘MASTER-GARANT’ insurance company reliability rating A, which means high reliability. The rating outlook is stable, which means high probability of maintaining the rating in the mid-term.

The high current ratio and the high adjusted net insurance liquidity ratio, the low net loss ratio and the low share of receivables in assets are noted among the positive factors that influenced assigning rating A.

Such factors as the high share of illiquid assets and stock exchange instruments in the Company’s investment portfolio, high operating costs, RoA and RoE nearing zero in 2012, the insignificant customer base and low geographic diversification of the business did not allow assigning a higher rating.