OREANDA-NEWS. 'Expert RA' rating agency confirmed 'Insurance Business Group' reliability rating A, which means high reliability, the rating outlook is stable.

The high current ratio and the high adjusted net insurance liquidity ratio, significant deviation of the actual solvency margin from the standard one, as well as the low combined net loss ratio had a positive impact on the Agency's decision.

Such factors as the high ratio of premiums transferred in reinsurance to companies without reliability ratings to the aggregate insurance premiums, the high share of operating costs and low insurance portfolio diversification did not allow assigning a higher rating.