Insurance :: Financial :: Credit-Rating

Insurance

09.07.2009: Credit-Rating downgrades Strakhovi Tradytsiyi CJSC`s bonds to uaB; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it downgraded to uaB from uaBB the long-term credit rating assigned to registered coupon bonds (series A) issued by Kiev-based Financial Group Strakhovi Tradytsiyi CJSC (`group` or `issuer`)...

08.07.2009: The Insurers Adapt Themselves in Order to Survive; The article is given in Russian; source: Сomments

18.12.2008: Credit-Rating to establish its Risk Management Department; Credit-Rating, a nationally recognized credit rating agency in Ukraine has today announced that it established the Risk Management Department, a special agency`s division, which will furnish consulting services regarding risk management issues. The Department will assist banks, insurance and leasing companies, asset management companies and other market participants in management and assessment of risks...

25.04.2008: Credit-Rating: New law on mandatory health insurance may negatively affect development of wide-spread networks of private clinics; Credit-Rating notes that creation of wide-spread networks of private clinics by insurance companies may be suspended had the bill `On mandatory state social health insurance` (registered under #1040) be passed in the present edition. The parliamentary Committee on Social Policy and Labour have considered and suggested to approval as a base for the Law of Ukraine `On Mandatory State Social Health Insurance` registered at 2007-end...

11.03.2008: Credit-Rating: Ukraine`s insurance sector to add one third in 2008; In Credit-Rating`s view, the overall volume of insurance premiums is to grow by a. 30 percent and will not exceed the nominal GDP growth rates. The sector`s development indicators in 2008 will generally correlate with those of 2007. The insurers are expected to collect UAH20-22...

23.01.2008: Credit-Rating: Liberalization of rules for insurers` reserves placement may negatively affect solvency of a number of insurers; Starting from 24 December 2007 insurers has a right of placing their reserves in attractive assets to their discretion with no diversification. Thereat, the groups of assets remain the same: bank deposits, current accounts, real estate property, securities, right for claim to reinsurers and others...