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Renaissance Insurance’s credit rating raised to ruAA
29 September 2021
Expert RA, a ratings agency, has revised its rating for Renaissance Insurance Group upward from ruAA- to ruAA, confirming the Company’s high level of creditworthiness. At the same time, the Company’s bond rating was also raised to ruAA.
The upgrade – and the associated stable outlook – is a reflection of the Company’s improved financial results and the improved quality of its assets. Expert RA saw as positive points the accelerated growth rates on the Company’s premiums for all types of insurance as well as the high degree of diversification of the Company’s customer base and distribution channels. Thus, Renaissance Insurance’s reliability and financial stability have once again been confirmed by independent experts.
Expert RA, a ratings agency, has revised its rating for Renaissance Insurance Group upward from ruAA- to ruAA, confirming the Company’s high level of creditworthiness. At the same time, the Company’s bond rating was also raised to ruAA.
The upgrade – and the associated stable outlook – is a reflection of the Company’s improved financial results and the improved quality of its assets. Expert RA saw as positive points the accelerated growth rates on the Company’s premiums for all types of insurance as well as the high degree of diversification of the Company’s customer base and distribution channels. Thus, Renaissance Insurance’s reliability and financial stability have once again been confirmed by independent experts.
Renaissance Insurance Group
Leading independent all-purpose player in Russian insurance market
Contact us by any means of communication. We are always glad to new ideas and answer your questions:
E-mail: ir@renins.com
8 800 333 88 00 #6010
Leading independent all-purpose player in Russian insurance market
Contact us by any means of communication. We are always glad to new ideas and answer your questions:
E-mail: ir@renins.com
8 800 333 88 00 #6010