1 / 8

INTERNATIONAL RATING AS THE COMPETITION ENCHANCEMENT TOOL FOR NATIONAL REINSURER

INTERNATIONAL RATING AS THE COMPETITION ENCHANCEMENT TOOL FOR NATIONAL REINSURER. Dmitry GARMASH Deputy Managing director Unity Re Ltd / Group RESO 10-11 July 2008, Baku Azerbaijan International Insurance Forum 2008. Key factors of national R/I business growth :. Infrastructure :

anapier
Download Presentation

INTERNATIONAL RATING AS THE COMPETITION ENCHANCEMENT TOOL FOR NATIONAL REINSURER

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. INTERNATIONAL RATING AS THE COMPETITION ENCHANCEMENT TOOL FOR NATIONAL REINSURER Dmitry GARMASH Deputy Managing directorUnity Re Ltd / Group RESO 10-11 July 2008, BakuAzerbaijan International Insurance Forum 2008

  2. Key factors of national R/I business growth: • Infrastructure: • Broker sales channel • Regionality • Large-scale projects • Financial: • Capitalization • Investments, M&A • R A T I N G S • Market: • Phaze of cycle • Alternative capacity demand • Domestic market narrowing

  3. International ratings dynamics in Russia & CIS: • Companies in the world having and international rating - 43 000; in Russia – 84; in CIS~ 110 • estimate for 2008-09: more 45-60 companies will obtain international ratings • growth of ratings in Russia for 2007г. = growth for 1998-2003 = 39 • insurance & reinsurance companies with ratings = 12 (Russia) + 5 (CIS) • rated financial institutions in Russia, 2007: Fitch – 45, S&P – 38, Moody’s - 20 Source: Vedomosti/Smart Money; Expert RA

  4. Marketposition Assets Capitalization

  5. Key points of analysissectors for growth & reengineering:

  6. Enhancements through rating:

  7. Unity ReMoscow, Russia Paid-up capital: 13,0 mio RUR NPW 2007: 16,5 mio USD Moody’s rating: B1 (international, stable outlook) A2.ru (national, stable outlook) Questions: Tel.: +7 495 956 6589, add. 4950 E-mail: re@unityre.ru Web: www.unityre.ru

More Related