Moody’s confirms creadit rating of Uzbekistan Export-Import Insurance Company

In November 2016, international rating Agency “Moody’s Investors Service Ltd” (UK) has affirmed its international financial stability rating for National Export-Import Insurance Company Uzbekinvest at the level Ba3 with “Stable” outlook.

For the first time this prestigious organization affirmed the rating of the company in 2009 at the level of B1, but now, thanks to the positive developments in the activities of the company, financial strength rating has been upgraded to Ba3 with a “Stable” outlook.

According to analysts of the rating Agency, such positive factors as stable growth in collection of insurance premiums, diversification of activities, high level of capitalization of the insurance portfolio, strong position on the national insurance market, the participation of the state in the share of the company, all of these have positively influenced on raising the rating

The assignment of the company’s international rating indicates the openness of the company and the desire to expand activities in the international reinsurance market.

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