PJSC INSK is back on top: credit rating upgrade to uaAAA from the National Rating Agency “Rurik”

We are pleased to announce that INSK continues to set high standards in the financial world. The National Rating Agency “Rurik” recognized our achievements and confirmed them with a long-term credit rating at uaAAA, assigned an investment category and a “developing” outlook.

 

What does uaAAA mean:
This is a confirmation of the high credit stability and reliability of PJSIC INSK. The “ua” mark indicates that the rating is determined according to the National Rating Scale, which takes into account the distribution of credit risk in the Ukrainian economy.
Our high credit rating has been determined based on the internal information and financial statements of PJSC “INSK” covering the period from 01.01.2018 to 01.10.2023. The Agency also took into account public information and its own databases to ensure a full and objective assessment.

 

Factors affecting the rating:
In determining the rating, Rurik summarized the most significant factors affecting the level of the borrower’s credit rating. This includes strategic management, financial stability and efficiency of the management process.

 

Conclusion:
The upgrade of the credit rating to uaAAA and the “evolving” outlook demonstrate confidence in the long-term stability and further growth potential of INSK PJSC. This is not only a recognition of our work, but also a guarantee of reliability for our clients and partners.

 

Sincerely,
Team of “INNOVATIVE INSURANCE CAPITAL” PrJSC

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