Wednesday, June 1, 2011

Expert RA rating affirmed reinsurance company Profile Re

The rating agency "Expert RA" has confirmed rating reinsurance company Profile Re has on the level of A. The positive impact on financial stability has increase its share capital in the fourth quarter of 2008 from 120 million to 500 million rubles, the growth quality of reinsurance protection and diversification of the portfolio by incoming reinsurance. Agency analysts also noted the low level of loss reinsurance operations of the company's risk hull (35,8% of the data for the first half of 2008) and high rates of return on both investment and assets of the reinsurer, even amid the financial crisis.

No comments:

Post a Comment