OREANDA-NEWS. 'Expert RA' rating agency changed 'Fiord' insurance company rating outlook from developing to stable. The stable outlook means high probability of maintaining the rating in the mid-term. At present, the Company has rating A, which means high reliability.

The outlook change is triggered by the solvency margin increase. The deviation of the actual solvency margin from the minimum share capital came to 32.6% as of June 30, 2013, vs 19.7% as of September 30, 2012.

Greater investment portfolio diversification and reliability also had a positive impact on the Agency's decision.