OREANDA-NEWS. 'Expert RA' rating agency assigned 'Republican Insurance House' insurance company reliability rating B+, which means sufficient reliability. The rating outlook is developing, which means high probability of both maintaining and changing the rating in the mid-term.

Such factors as low net loss ratios, low loss ratios in the core lines of business and low commissions in the main sales channel have a positive impact on the rating.

Such factors as low reliability of the insurer's investment portfolio, low liquidity of investments and the high share of investments into affiliates do not allow assigning a higher rating. The Company's high exposure to stock exchange risks is also highlighted. In addition, the Agency takes note of operating risks arising out of extremely high premium growth rates in the Company.