Expert RA has assigned rating of the insurance company ELKOS

The rating agency Expert RA has assigned a reliability rating of insurance company "ELKOS" (Moscow) at the level of B + ("A sufficient level of reliability"). Among the factors that have a positive impact on the reliability of the insurance company "ELKOS" include low-profitability by type of insurance activity, the high liquidity of assets and high levels of capital adequacy as compared to the average level. Also on the rating positively affect the stability of investment and growth in the number of contracts, along with the presence of regular customers. "It should be noted the financial strength of the owner of the company - a group of companies" Borodino ", part of the financial division of which is the insurance company" ELKOS "", - says head of ratings of insurance companies rating agency "Expert RA" Alex Janin. Limit the reliability of the insurer strong performance of the combined loss ratio, poor quality of reinsurance protection, a little-known brand, low-dimensional performance.