OREANDA-NEWS. ‘Expert RA’ rating agency changed ‘Gelios’ Insurance Company reliability rating outlook from stable to positive. The positive outlook means high probability of upgrading the rating in the mid-term. At present, the Company has rating A, which means high reliability.

Change in the outlook is due to the reinsurance protection quality enhancement, reduction in the share of receivables in the Company’s assets and the financial result improvement.

At the same time, the Company’s combined loss ratio is still high, though it has dropped a bit.