On establishing credit ratings and respective risk ratios to monitor insurers’ activity
27 марта 2017 года
Пресс-релиз
The Bank of Russia Board of Directors established credit ratings and respective risk ratios to be applied by the Bank of Russia under Bank of Russia Ordinance No.
For Russian rated entities:
| No. | Credit rating | Risk ratio Riski |
| 1 | 2 | 3 |
| 1 | at least ВВ on the international scale in the classification of S&P Global Ratings; at least ruAA on the national scale in the classification of S&P Global Ratings; at least ВВ on the international scale in the classification of Fitch Ratings; at least AA-(rus) on the national scale in the classification of Fitch Ratings; at least Ba3 on the international scale in the classification of Moody’s Investors Service; at least A++ on the national scale in the classification of JSC Expert RA; at least A-(RU) on the national scale in the classification of JSC ACRA; | 0.95 |
| 2. | at least В+ but below BB on the international scale in the classification of S&P Global Ratings; at least ruA but below ruAA on the national scale in the classification of S&P Global Ratings; at least В+ but below BB on the international scale in the classification of Fitch Ratings; at least A-(rus) but below AA-(rus) on the national scale in the classification of Fitch Ratings; at least B2 but below Ba3 on the international scale in the classification of Moody’s Investors Service; at least A+(I) but below A++ on the national scale in the classification of JSC Expert RA; at least BBB(RU) but below A-(RU) on the national scale in the classification of JSC ACRA; | 0.85 |
| 3. | at least В- but below B+ on the international scale in the classification of S&P Global Ratings; at least ruBBB- but below ruA on the national scale in the classification of S&P Global Ratings; at least В- but below B+ on the international scale in the classification of Fitch Ratings; at least BB(rus) but below A-(rus) on the national scale in the classification of Fitch Ratings; at least Caa1 but below B2 on the international scale in the classification of Moody’s Investors Service; at least A(I) but below A+(I) on the national scale in the classification of JSC Expert RA; at least BB(RU) but below BBB(RU) on the national scale in the classification of JSC ACRA; | 0.80 |
| 4. | at least CCC but below B- on the international scale in the classification of S&P Global Ratings; at least ruB- but below ruBBB- on the national scale in the classification of S&P Global Ratings; at least CCC but below B- on the international scale in the classification of Fitch Ratings; at least B-(rus) but below BB(rus) on the national scale in the classification of Fitch Ratings; at least Caa2 but below Caa1 on the international scale in the classification of Moody’s Investors Service; at least B+ but below A(I) on the national scale in the classification of JSC Expert RA; at least B+(RU) but below BB(RU) on the national scale in the classification of JSC ACRA; | 0.50 |
| 5. | below CCC on the international scale in the classification of S&P Global Ratings; below ruB- on the national scale in the classification of S&P Global Ratings; below CCC on the international scale in the classification of Fitch Ratings; below B-(rus) on the national scale in the classification of Fitch Ratings; below Caa2 on the international scale in the classification of Moody’s Investors Service; below B+ on the national scale in the classification of JSC Expert RA; below B+(RU) on the national scale in the classification of JSC ACRA; unrated. | 0.20 |
For foreign rated entities:
| No. | Credit rating | Risk ratio Riski |
| 1 | 2 | 3 |
| 1. | at least ВВ on the international scale in the classification of S&P Global Ratings; at least ВВ on the international scale in the classification of Fitch Ratings; at least Ba3 on the international scale in the classification of Moody’s Investors Service; at least В++ on the international scale in the classification of A.M. Best Co. | 0.95 |
| 2. | at least В+ but below BB on the international scale in the classification of S&P Global Ratings; at least В+ but below BB on the international scale in the classification of Fitch Ratings; at least B2 but below Ba3 on the international scale in the classification of Moody’s Investors Service; at least В+ but below B++ on the international scale in the classification of А.М. Best Co. | 0.85 |
| 3. | at least В- but below B+ on the international scale in the classification of S&P Global Ratings; at least В- but below B+ on the international scale in the classification of Fitch Ratings; at least Caa1 but below B2 on the international scale in the classification of Moody’s Investors Service; at least В- but below B+ on the international scale in the classification of А.М. Best Co. | 0.80 |
| 4. | at least CCC but below B- on the international scale in the classification of S&P Global Ratings; at least CCC but below B- on the international scale in the classification of Fitch Ratings; at least Caa2 but below Caa1 on the international scale in the classification of Moody’s Investors Service; at least C++ but below B- on the international scale in the classification of А.М. Best Co. | 0.50 |
| 5. | below CCC on the international scale in the classification of S&P Global Ratings; below CCC on the international scale in the classification of Fitch Ratings; below Caa2 on the international scale in the classification of Moody’s Investors Service; below C++ on the international scale in the classification of А.М. Best Co. unrated. | 0.20 |
This decision is to become effective when it is published on the Bank of Russia website www.cbr.ru.
При использовании материала ссылка на Пресс-службу Банка России обязательна.