Rating Agency «Standard-Rating» has decided on March 03, 2016 to update the credit rating/ the financial stability rating of BUSIN Insurance company at the level “uaAА” according to the national scale. The equivalent of the international scale – “A+”.
The insurer with such rating is characterized by a very high financial stability compared to other Ukrainian insurers. The ratings have been confirmed on the basis of the analysis of the company’s activity in 2015.
Having analyzed the activity of BUSIN for 2015, RA «Standard-Rating» notes the following factors influencing the rating confirmation:
– growth of gross business volumes (+84.04%);
– growth of income and profitability indicators;
– sufficient level of capitalization and acceptable level of liquidity.