NSG Life Insurance LLC's Reliability Rating Affirmed
OREANDA-NEWS. National Rating Agency has affirmed its 'A' reliability rating on NSG Life Insurance LLC (OOO 'NSG Life Insurance'). The rating had been originally assigned in 2010 and subsequently affirmed at this level in 2011-2014.
NSG Life Insurance LLC's reliability profile is underpinned by its efficient reinsurance system, extensive distribution network, low level of accounts receivable (11% as of July 1, 2015), adequate solvency margin (89.11%), and improving profitability.
The insurer's reliability assessment is constrained by the decrease in the number of insurance contracts and premium volume, as well as the reduction in regional presence.