A.M. Best Affirms Credit Ratings of PASHA Insurance OJSC
The ratings reflect PASHA’s balance sheet strength, which
Operating performance is strong, as demonstrated by a five-year weighted average combined ratio of 86.5% and a return on capital and surplus of 18.8% (2012–2016). Over this period, the company’s performance benefited from the relatively low level of loss activity in
However, prospective performance may be subject to volatility due to the challenging market conditions in
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
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Laura Balkarova, +44-20-7626-6264
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