Latest Breaking News On - Rosgosstrakh insurance company - Page 1 : comparemela.com
ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.
ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.
The joint liquidators of a Dublin-based Russian aircraft leasing firm linked to the Kremlin have launched three legal actions in London against a slew of underwriters as they try to secure restitution linked to jets that are marooned in Russia.
AM Best Withdraws Credit Ratings of Rosgosstrakh Insurance Company, OJSC
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of bb- of Rosgosstrakh Insurance Company, OJSC (RGS) (Russia). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Best s interactive rating process.
The ratings reflect RGS s balance sheet strength, which AM Best categorises as adequate, as well as its marginal operating performance, neutral business profile and marginal enterprise risk management (ERM).
AM Best expects RGS s risk-adjusted capitalisation to be at the strongest level at year-end 2020, as measured by the Best s Capital Adequacy Ratio (BCAR). However, AM Best expects the company s prospective risk-adjusted capitalisation to deteriorate due to its ambitious premium growth plans and the payment of dividends in the medium term. The