Despite the challenging times, INNOVATION INSURANCE CAPITAL works for you and fulfills its obligations to its clients.
Our work results in obtaining the insurer’s financial strength rating and the borrower’s long-term credit rating.
At the meeting of the Rating Committee of the National Rating Agency “Rurik” dated 17.06.2023, according to the planned procedure for updating the rating assessment, the insurer’s financial strength (reliability) rating and the long-term credit rating of the borrower of PJSC “INSK” were determined.
To determine the rating, NRA “Rurik” used the internal information provided by PJSC “INSK” and the quarterly financial statements for 01.01.18 – 01.04.23 inclusive, as well as public information and its own databases.
As a result of the review of the Rating Report, the Conclusion on determining the rating grade was formed and the Decision on assigning the insurer financial strength (reliability) rating and the long-term credit rating of the borrower (outlook “evolving”) of PJSC “INSK” at uaAA+ investment grade was made.
According to the Rating Scale for assessing the financial strength (stability) of an insurance company, a company with a rating of uaAA+ is characterized by very high financial strength (stability).
According to the National Rating Scale, a borrower or a debt instrument with a rating of uaAA+ is characterized by a very high creditworthiness compared to other Ukrainian borrowers or debt instruments.
Take care of yourselves! Glory to Ukraine!
Peace to all!