Expert RA has confirmed reliability rating of insurance company business group at level B +

The rating agency "Expert RA" has confirmed reliability rating insurance company insurance business group "(Voronezh) at level B + (" A sufficient level of reliability "). Positively evaluate the reliability of the insurance business groups "allow such factors as low a combined loss ratio, high current ratio and the refined net liquidity insurance, the solvency margin and capital adequacy. Among the factors limiting the reliability of the insurer, the Agency analysts note poor quality of outgoing reinsurance, low geographical diversification of activities, lack of experience of large payments, as well as the high proportion of payables in liabilities. Its principal activities are insurance SMR, the liability for default under state contracts, financial risk insurance, LCA. In 2008, the insurer has collected 840.5 million rubles of insurance premiums by taking 96 th place among Russian insurance companies. According to Expert RA, the combined assets of the company on 1 January 2009 amounted to 1,1 billion rubles, the share capital - 300 million rubles.