One of the largest Russian local rating agencies - Expert RA - has assigned its insurer financial reliability rating of ‘ruAAA’ to Credendo – Ingosstrakh Credit Insurance with stable outlook.
The rating was assigned on 5 April 2021. According to the Expert RA scale, this rating reflects the highest level of creditworthiness and financial stability on the national rating scale for the Russian Federation.
At the moment only 6, including Credendo – Ingosstrakh Credit Insurance, out of more than 150 insurance companies operating in Russia are rated with the ruAAA rating of Expert RA.
Among the specialised international trade credit insurers in Russia, Credendo – Ingosstrakh Credit Insurance is the only one rated.
Given the fact that nowadays our partners and customers address additional attention to the financial strength and solidity of their insurer, such rating is another confirmation of our reliability and sustainability.
It is an important step in creating confidence in the local trade credit insurance industry and ensuring sustainable development for Credendo – Ingosstrakh Credit Insurance.