RUSSIA: S&P raised ROSGOSSTRAKH's rating to B+ with a stable outlook

17 October 2018 — Marina MAGNAVAL
The rating agency S&P improved ROSGOSSTRAKH's long-term credit rating in local currency from B to B+, the forecast was also changed from positive to stable, stated ASN portal.

According to the agency experts, the capital and liquidity of the company have improved. ROSGOSSTRAKH's liquidity is at the necessary level because the insurer is owned by OTKRYTIE bank, which is a subsidiary of the Bank of Russia.

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