OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed Povolzhsky Insurance Alliance reliability rating B++, which means "Acceptable level of reliability", the rating outlook is "stable". The stable outlook means the likelihood of mid-term rating stability is high.

The rating score of the Company is positively influenced by low share of business expenses, high stability of insurance portfolio and high market positions of the Company in the region of its activity.

Extremely high increment rates of insurance premiums, balance sheet loss for 2014 in the amount of RUB 96 mln. and low diversification of the insurance portfolio didn't allow assigning higher rating score.