Expert RA Confirms ROSLES Insurance Company Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency confirmed 'ROSLES' insurance company reliability rating В++, which means acceptable reliability. The rating outlook is positive.
The high current ratio, the low net loss ratio and the low payables-to-assets ratio are highlighted among positive rating factors. The Agency's analysts also highlight the low maximum possible insurance indemnity per loss event for the entire net portfolio and high premium increment rates.
Such factors as the high operating costs, the high combined net loss ratio, and low insurance portfolio diversification do not allow assigning a higher rating. The high share of affiliated counterparties in investments, low investment portfolio reliability and liquidity are also highlighted.