Expert RA Assigns YAKOR Insurance Company Reliability Rating
OREANDA-NEWS. 'Expert RA' rating agency assigned 'YAKOR' insurance company reliability rating A, which means high reliability, the third rating sub-level. The rating outlook is developing, which means high probability of maintaining and changing the rating in the mid-term.
Such factors as high reliability of the reinsurance protection, the high equity increase rate and high deviation of the actual solvency margin from the standard one have a positive impact on the rating.
Such factors as the Company's high exposure to stock exchange risks, the high combined net loss ratio for 9 months 2013 and the high net loss ratio do not allow assigning a higher rating.