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The credit rating of SG "TAS" was confirmed at uaAAA level

The credit rating of SG "TAS" was confirmed at uaAAA level

23.03.2018

1518

On March 20, 2018, the Credit-Rating rating agency confirmed the long-term credit rating of TAS Insurance Group on the National Rating Scale at uaAAA with a stable outlook.

During the rating process, the agency's experts analyzed the insurer's full financial statements for the first nine months of 2017, as well as internal information provided by the company.

It should be noted that the uaAAA rating is assigned exclusively to institutions with a very high level of stability, which are characterized by high solvency compared to other market participants. The forecast "stable" indicates the absence of prerequisites for a change in the rating during the year.

Among the main factors influencing the rating level, it should be noted the company's leading positions in the domestic insurance market, an extensive network of separate divisions that ensures the receipt of insurance payments, maintaining the balance of the insurance premium portfolio, providing services in socially oriented types of insurance, diversification of assets representing insurance reserves, low debt load, information openness and transparency, etc.

Source: Press center of SG "TAS"

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