Rating of insurance companies based on insurance reliability. Rating of insurance companies by reliability of payments

Company	Expert rating	Year of foundation	Agency rating
AlfaInsurance	5 47.8 billion rub.	1992	A++
Important New insurance	57 1.3 billion rub.	2002	B+
VSK	6 37.7 billion rub.	2002	A++
Geopolis	76 0.6 billion rub.	1993	A
Euro-Polis	44 2.2 billion rub.	1992	A+
ZHASO	13 13.0 billion rub.	1991	A++
Zetta (Zurich)	44 2.2 billion rub.	1993	A
Ingosstrakh	20 6.3 billion rub.	1947	A++
Liberty	44 2.2 billion rub.	1993	A+
MAX	44 2.2 billion rub.	1992	A++
MSK	11 16.5 billion rub.	1992	A+
MSC	14 1.4 billion rub.	1992	A
USC	32 2.8 billion rub.	1990	A+
BET	40 2.3 billion rub.	1992	A+
Regiongarant	64 1.0 billion rub.	1994	A+
Renaissance	44 2.2 billion rub.	1997	A++
RESO-Garantiya	10 19.5 billion rub.	1991	A++
Rosgosstrakh	RUB 1,129.9 billion	1921	A++
Soviet	63 1.1 billion rub.	1993	B
SOGAZ	RUB 2,105.2 billion	1993	A++
Agreement	8 33.9 billion rub.	1993	A++
Surgutneftegaz	27 4.0 billion rub.	1996	A+
Tinkoff	67 1.0 billion rub.	1993	A
UralSib	12 15.8 billion rub.	1993	A++
ENERGOGARANT	16 9.3 billion rub.	1992	A++
ERGO Rus	23 5.2 billion rub.	1990	A+
Yugoria	21 6.2 billion rub.	1997	A

In essence, the rating is a scholastic comparison of particularly important indicators and parameters of an insurance company. The Expert RA agency determines the indicators of insurance companies (the level of unprofitability of the CASCO line, the level of payments, the percentage of refusals for CASCO, etc.) at the moment and in the future.

Based on the data obtained, the ratings of a particular insurance company are confirmed.

Insurance company ratings

The system of compulsory civil liability insurance, or OSAGO, is used not only in the CIS countries, but also in many other countries. The main purpose of such a system is to protect the property of people and the health of drivers and passengers of vehicles. The main difference between the MTPL insurance system and CASCO is just one point: MTPL is voluntary insurance, in which the policy a person receives concerns not only the integrity of the car and the driver himself, but also the protection of other people’s health and property. Such obligations are fulfilled by a number of companies that are licensed and included in its overall system.

In the modern world, very often companies appear and disappear in the insurance market, which in the process of their illegal work are declared bankrupt; it is very important to know in advance the ratings of such enterprises in order not to end up with those insurance companies that do not even have a license for this type of activity. We have provided a rating of insurance companies of the year for both types of insurance for all segments of the country's population.

Basic information

Before announcing the top payment companies, it is necessary to remind all citizens that within the framework of the insurance policy, 4 entities are united together:
the insurance company or insurer itself;
the citizen who enters into the contract or the policyholder;
persons who suffered damage in the accident or beneficiaries;
The Russian Union of Auto Insurers, which controls the payment of funds, the relationship between all entities and compliance with all the rules that the organization has undertaken.

The official website of the Russian Union of Auto Insurers provides the opportunity to see a list of all insurance companies for which the license has been revoked, limited or the license has been suspended. Based on this information, rating agencies compile a list of the most reliable and least favorable insurers.

Financial ratings of insurance companies

Financial rating compares insurers based on statistical indicators. This rating is based on the official reports of insurers, published quarterly by the Central Bank of Russia. Sales of insurance services to legal entities and individuals are taken into account.

The key indicator being assessed is the level of payments. The payout rate shows the percentage of fees a company paid out during the year as compensation to customers. The optimal payout level on the Russian market is approximately 55-65%.

If the percentage of payments on insurance obligations is too high (for example, 75-85% and above), this indicates that the insurance company does not adequately assess risks or significantly reduces sales volumes. Both situations indicate potential problems for the insurer.

If the percentage of insurance payments is too small (for example, 40% or less), the insurer is likely to save on payments. The company underestimates the amount of insurance compensation, or simply refuses to pay its clients for insurance claims. This can be indirectly confirmed by the judicial rating of insurance companies. If a company skimps on payments, there is a high probability that such an insurance company has a high percentage of litigation in relation to the reported losses.

Class "A++" - an exceptionally reliable reliability rating

Class “A+” - very high level of reliability

Class "A" - high level of reliability

Class "B++" - acceptable level of reliability

Class “B+” - sufficient level of reliability

Class "B" - satisfactory reliability rating

Class “C+” - very low level of reliability

Class "C" - unsatisfactory reliability rating

Class "D" - bankruptcy

Class “E” - license revocation

Before insuring a car, many motorists look at the ratings of MTPL insurance companies that provide insurance services. This allows you to choose the best insurer. After all, rating developers focus not only on the financial performance of companies, but also on reviews from real clients. The ratio of payments to refusals and the average amount of compensation are also taken into account. This is important, because according to the Central Bank, about 2.7 million people applied for compensation under MTPL policies. True, 3.4% of requests were refused.

Main evaluation criteria

According to Law No. 40-FZ of April 25, 2002, owners of any vehicles must insure their motor vehicle liability. This is stated in Art. 4 of the said law. You can choose the best insurer if you look at the ratings of companies.

To evaluate the activities of companies that deal with insurance, several criteria are taken. This comprehensive approach allows us to create the most objective rating. Taken into account:

reliability of the company;
size of the authorized capital;
reviews and evaluation of the insurer’s activities by real clients;
the amount of insurance payments.

Depending on performance indicators, certain rating categories are assigned. The highest indicator is “A”. It can only be obtained by reliable companies, which immediately pay compensation when an insured event occurs.

A “B” rating is given to those firms that do not have problems with liquidity, but have delays in payments. It is not recommended to consider organizations that received a “C”, “D” or “E” based on the results of the analysis.

Class A++ Exceptionally high level of reliability
Class A+ Very high level of reliability.
Class A High level of reliability.
Class B++ Satisfactory level of reliability.
Class B+ Low level of reliability.
Class B Low level of reliability.
C++ class Very low level of reliability.
Class C+ Unsatisfactory level of reliability.
Class C Failure to fulfill obligations.
Class D Bankruptcy.
Class E Revocation of license (not at the initiative of the company).

Rules for choosing an insurance company

It is advisable to choose a company that has been insuring civil liability of car owners for several years. You should only trust those who have been assigned an “A” reliability rating. The official rating of MTPL companies is based on financial statements and information from the Central Bank. They do not allow for an objective assessment of the work of insurers.

Periodicals on automotive topics and statistical companies sometimes create their own “popular” ratings. They are based on reviews from car owners.

Rating agencies

There are several agencies in Russia that compile their own lists of the most reliable companies.

Expert RA evaluates:

volumes of work of insurance companies;
amount of capital;
ratio of positive/negative decisions on payments.

Reliable companies are usually assigned an A++ score. They have a stable development forecast. With a high degree of probability, we can assume that the situation will not change in subsequent years.

Expert rating of insurance companies for compulsory motor liability insurance

Insurance Company	reliability	payout level	likelihood of legal action	reviews	final rating
AIG	4,5	21%	2,32%	4	3,8
Alfa insurance	4,3	43%	0,67%	2	3,9
Alliance /former ROSNO	3,6	110%	4,65%	3	3
VSK	4,1	45%	8,51%	2	3,1
VTB Insurance	4,6	29%	10,47%	3	3,5
Ingosstrakh	4,6	56%	0,13%	2	4
MAX	4,5	92%	13,83%	2	3,4
RESO-Garantiya	4,4	52%	1,41%	2	3,9
Rosgosstrakh	4,6	52%	13,09%	1	3,3
SOGAZ	4,8	53%	1,37%	2	4,2

Reliability, reviews (negative) and the final rating are calculated on a five-point scale.

Reliability rating of insurance companies according to OSAGO

SOGAZ - 4.8
ERGO (ERGO) - 4.7
VTB Insurance - 4.6
Ingosstrakh - 4.6
Rosgosstrakh - 4.6
AIG / former Chartis - 4.5
Surgutneftegaz - 4.5
MAX - 4.5
RESO-Garantiya - 4.4
Chulpan - 4.4
Spassky Gate - 4.4
RSHB-Insurance - 4.4

Rating of insurance companies for MTPL payments

Insurance Company	Average payment under compulsory motor liability insurance
Geopolis	RUB 118,333
Verna	RUB 103,440
Alliance	86,338 RUR
Welfare General Insurance	80,000 ₽
Muscovy	RUB 72,751
Strizh them. S. Zhivago	RUB 71,667
ASKO	RUB 71,203
Renaissance Insurance	RUB 70,846
Moscow region	RUB 70,435
Rosgosstrakh	69,362 RUR

People's rating of insurance companies

JSC "Intach Insurance"
Renaissance Insurance
AlfaInsurance
Zetta Insurance
Yugoria
Soldier
Ingosstrakh
ZHASO
Tinkoff Insurance
UralSib Insurance
BIN Insurance
RESO-Garantiya
SOGAZ
Energy guarantor
Agreement
MAX
Rosgosstrakh

Assessment and analysis of the activities of the insurance company

Video: Analysis of insurance companies and how to choose the right one

The best insurance companies in Moscow

Experts, based on Central Bank statistics, assessed the activities of various companies and created a list.

The leading position is held by the joint venture "ZHASO". She has a minimal failure rate (only 0.5%). The amount of her compensation is also not large and on average amounts to almost 45 thousand rubles. And this is less than the average level of compensation by 3 thousand rubles. According to RAEX and Expert RA, the company has been assigned an exceptionally high level of A++. Total annual contributions for compulsory motor liability insurance amount to 2.5 million rubles.

The results of the Ugoria company are no worse. They denied refunds to 0.7% of their customers. The amount of their contributions is 3.1 million rubles. The main shareholder of the company is Khanty-Mansiysk Autonomous Okrug. But this does not mean that it only works within its limits. The company has more than 60 representative offices in the Federation. The average amount of payments is 44 thousand rubles. But according to RA Expert, the company was given an “A” rating, its rating is under observation. Analysts say it is a growing company.

IC "MAX" has been on the market since 1992. But she has been involved in compulsory motor liability insurance since 2003. After all, this type of activity requires a special license. This is stated in Art. 1 of Law 40-FZ of April 25, 2002. 0.8% of applied clients are rejected by IC MAX. The amount of average insurance compensation for this company is small - 35.4 thousand rubles. According to the analysis of RA Expert, this is a reliable company with a stable development forecast. Under the MTPL program, the amount of contributions to IC MAX is 3.7 billion rubles.

SD "VSK" is one of the largest in the Federation; clients under compulsory motor liability insurance brought in 18.2 billion rubles. The Military Insurance Company has already twice received gratitude from the President for its work. But in terms of the number of refusals, it ranks 4th - 1.4%. According to the indicators, the average amount of compensation is 42 thousand rubles. RA "Expert" confirms the reliability of this insurance house. It is rated "A++".

Firm failure rates "Alpha Insurance" the same as for SD "VSK". Their average payment amount is slightly lower - 41.8 thousand rubles. The total amount of their contributions is 10.6 billion rubles. This is a company that was assigned an “A++” rating by Expert RA. Her developmental prognosis is stable.

The amount of insurance payments in SAC "Energogarant" slightly higher – 45.6 thousand rubles. But they refuse 1.5% of clients who apply. Judging by the total amount of contributions, the company is not very popular. The total amount of insurance under MTPL is 2.8 billion rubles.

Uralsib offers a fairly high average amount of compensation - almost 51 thousand rubles. But this organization refuses 1.9% of its clients. 6 billion rubles were raised under compulsory motor liability insurance policies. The Expert rating agency assesses the reliability level of Uralsib as “A+”. It was increased, and the further development forecast is stable.

A subsidiary of an oil production company is popular "Transneft" with the same name. Since 2013, its owner has been the SOGAZ company. According to RA Expert, since 2011 it has held the position “A++”. But her payments are small - the average amount of compensation is 17.5 thousand rubles. She refuses 2.4% of clients. But few take insurance from her. The total amount of investments under MTPL policies is 0.4 billion rubles.

SPAO "Ingosstrakh" gives a refusal to 3.3% of people who apply. Their compensation averages 40.5 thousand rubles. The total amount of insurance under compulsory motor liability insurance policies is 15.5 billion rubles. This is a reliable company with an A++ rating and a stable forecast for further development.

One of the most famous is Rosgosstrakh. If we evaluate the size of insurance premiums, this is one of the largest companies. They equal 77 billion rubles. Also, PJSC IC "Rosgosstrakh" has one of the largest amounts of compensation - it is equal to 53.6 thousand rubles. True, 3.5% of all applicants are denied compensation for losses. The company has maintained the A++ reliability level, according to RA Expert, since 2008.

But that's not all rated insurers are. Don't forget about "RESO-guarantee" with an A++ rating. The amount of insurance premiums for compulsory motor liability insurance is quite large and amounts to 27.6 billion rubles. But they have a high number of refusals - 4.8%. The amount of compensation is 43.8 thousand rubles.

The average level of insurance claims for the Renaissance-Insurance group is quite large. They pay almost 53 thousand rubles. But 5.1% of those who applied refuse to pay compensation.

When choosing an insurance company, you need to take all this data into account. This is the only way to choose the best insurer, who will definitely pay the due compensation when an insured event occurs.

The Central Bank claims that last year 2.7 million people turned to insurers for compensation under compulsory motor liability insurance policies. But applying for payment does not mean receiving money; Last year, 3.4% of OSAG residents received refusals.

RBC experts compiled rating of insurance companies OSAGO 2016 based on statistics from the Central Bank of the Russian Federation for 2015, which includes settled cases and refusals of compensation, as well as the average level of payments. According to a representative of GlavStrakhControl, this rating can be used as a guide when choosing an insurance company.

Read also:

10. "Rosgosstrakh"

The largest Russian company in terms of insurance premium collected. It has a 3.5% refusal rate for compulsory motor insurance and on average pays motorists 53,595 rubles for insured events, while the average market price is 47.9 thousand rubles.

9. "Ingosstrakh"

This company, one of the ten largest insurers in Russia, has only 3.3% of refusals under MTPL policies. The average payment is 40,458 rubles, which falls short of the average market price by 7.5 thousand rubles.

8. Transneft

It was founded in 1996 and is a subsidiary of the oil-producing Transneft. In 2013, this insurance company was acquired by the SOGAZ company. Since 2011, it has consistently earned the highest reliability rating of “A++” from the Expert RA agency. The failure rate for compulsory motor liability insurance is 2.4%. On average, it pays 17,511 rubles, which is 30.3 thousand rubles less than the average market price.

7. Uralsib

It is part of one of the leading financial holdings on the Russian market. It has a high reliability rating of “A+” and a low failure rate under MTPL – 1.9%. The average amount reimbursed under insurance is 50,954 rubles (three thousand rubles higher than the market average).

6. "Energogarant"

The Expert RA agency assigned the highest reliability rating to the Energogarant company - “A++” and the forecast for this rating is stable. The company's attractiveness for car owners is also added by the low rate of refusals for compulsory motor vehicle liability insurance payments; it remains at around 1.5%. The average amount of compensation is 45,582 rubles, only 2.4 thousand rubles less than the market average.

5. "AlfaStrakhovanie"

It is part of the Alfa Group and is one of the systemically important Russian insurance companies. According to OSAGO, the company has a 1.4% failure rate. The average payment is 41,796 rubles, which is six thousand less than the average market price.

4. "VSK"

The All-Russian Insurance Company is one of the largest in the country and has even twice received gratitude from the President of Russia for the work done. In the MTPL rating, the insurance company ranks fourth (1.4% of refusals). The average amount of insurance compensation is 42,180 rubles. Alas, the average market price is 5.5 thousand more.

3. "MAX"

The MAX insurance group was founded back in 1992. Then the workers of the Soviet peaceful atom of the Russian Federation needed health insurance services. Since 2007, MAX has insured employees of the Federal Customs Service, and in 2003 the company was granted a license to carry out compulsory motor liability insurance. Although the refusal rate at MAX is one of the smallest - 0.8%, the average payment amount is not encouraging - only 35,403 rubles, which is less than the average market price by as much as 12 thousand rubles.

2. "Yugoria"

The shareholder of the insurance company "Yugoria" is the government of the Khanty-Mansiysk Autonomous Okrug. However, Yugoria is not limited by the boundaries of the district: the company has an extensive network of branches (about 60) and more than two hundred agencies represented in various regions of Russia. It has several subsidiaries specializing in different types of insurance activities, including life insurance and health insurance. According to compulsory motor liability insurance, Ugoria has only 0.7% failures, which is why it ranks second in the ranking. The average amount of payments is 44,051 rubles, which is more than three thousand less than the average market price.

1. ZHASO

The ranking of MTPL insurance companies in 2016 is headed by the former Railway Joint Stock Insurance Company. In 2015, it received an “Exceptionally High Level of Reliability” rating from the RAEX rating agency. And it’s true – the percentage of refusals for compulsory motor liability insurance payments from ZHASO is the smallest and amounts to only 0.5%. The average payment under compulsory motor insurance is 44,992 rubles, which is three thousand rubles less than the market average price.

Company	Contributions for compulsory motor liability insurance, billion rubles.	Average payment under compulsory motor liability insurance, rub.	Number of refusals to pay, %	Final score*
"Yugoria"	3,1	44 051	0,7	30,8
ZHASO	2,5	44 992	0,5	30,1
Renaissance Insurance Group	4	52 939	5,1	29,7
VSK	18,2	42 180	1,4	29,5
"Rosgosstrakh"	77	53 595	3,5	29,4
"AlfaStrakhovanie"	10,6	41 796	1,4	29,4
"Uralsib"	6	50 954	1,9	29,1
"Zetta Insurance"	1,7	45 227	3,9	26,5
MAX	3,7	35 403	0,8	25,9
"Energogarant"	2,8	45 582	1,5	25,2
SOGAZ	7,8	42 872	6,9	23,8
ERGO	0,6	39 965	7,6	23,6
"RESO-Garantiya"	27,6	43 796	4,8	23,5
"Ingosstrakh"	15,5	40 458	3,3	22,5
"Agreement"	5,7	48 111	5,7	22,5
"VTB Insurance"	0,5	40 172	4,8	21,8
"Alliance"	0	65 766	9,1	21,4
Insurance group MSK	0,3	43 868	6,1	19,6
"Transneft"	0,4	17 511	2,4	16,6
"Capital Insurance"	0,2	21 740	5	14,8

* – taking into account comprehensive insurance data.

It is noteworthy that when revising the rating of the oldest insurer in Russia, RAEX analysts raised it by two points at once - thereby highly appreciating the efforts of the management and team of Rosgosstrakh aimed at reducing loss ratios, diversifying assets and improving financial performance. “The company has done significant work to reduce unprofitability in its main areas of activity and the portfolio as a whole, which had a positive impact on increasing the rating level,” the rating agency said in its conclusion. According to the agency’s conclusion, as of December 31, 2018, Rosgosstrakh’s own funds increased by 19.7% compared to the previous year. The actual size of the solvency margin significantly - 2.6 times - exceeds the standard value. These indicators are assessed positively by RAEX analysts, as is the level of strategic support and risk management of the company.

The agency notes “the presence in the company of collegial bodies whose functions include risk management, as well as a separate division responsible for risk management.”

As before, the rating is positively influenced by the high diversification of Rosgosstrakh’s activities, both by type of insurance and geographically - the company is represented in 82 regions. The key sales channel remains the agency corps - through the network of insurance agents, the company received 43.7% of the collected insurance premiums.

“The second increase in the financial reliability rating in six months and by two positions at once is a very clear confirmation that our company has significantly strengthened and is confidently restoring its position in the market,” emphasizes Nikolaus Frei, General Director of PJSC IC Rosgosstrakh. - We have already passed the stage of business transformation and have entered a growth trajectory. I am confident that a higher rating for our policyholders will be additional confirmation that they made the right choice. For potential clients - another evidence of our reliability. And for all state insurers it is an important incentive to increase operational efficiency and improve customer service.”

S&P Global Ratings

AM Best

Explaining the positive rating given to Rosgosstrakh, the oldest and most famous insurance company in Russia, AM Best analysts note a whole range of factors that they took into account. This, in particular, is the successful implementation of an anti-crisis program to reduce loss ratios in OSAGO, which in the last three years has consistently exceeded 100%, diversification of the insurance portfolio and clearing the balance sheet of problem assets.

“The implementation of these measures allowed the company, after three unprofitable years, to receive, according to preliminary data, its first annual profit in the amount of more than 6 billion rubles,” noted Nikolaus Frei, General Director of PJSC IC Rosgosstrakh, in this regard.

The assigned ratings mean that AM Best considers Rosgosstrakh’s balance sheet to be quite strong and stable. Analysts also took into account the conservatism of the investment portfolio, which has changed significantly over the past two years in terms of quality and diversification, including a reduction in the share of investments in related parties.

“The asset structure fully complies with the regulator’s requirements,” confirmed Nikolaus Frei. The agency also draws attention to the fact that the company’s connection with the Bank of Russia through its parent structure, Otkritie Bank, can have a positive impact on the company’s sustainability.

The agency positively assesses Rosgosstrakh's strategic development plan: “After three years of declining business volumes, the company plans significant growth in 2019-2021, expecting to achieve a market share of 14% in the non-life insurance segment. In addition, the company has a plan for serious growth in the life insurance segment based on the recently acquired specialized company for this purpose.”

“We are pleased that one of the most reputable rating agencies in the global insurance industry has positively assessed the latest achievements of our company,” emphasized Nikolaus Frei. “And we believe that the implementation of strategic objectives, the consistent improvement of the company’s business profile, fairly assessed by leading Russian and foreign analysts, will allow us to further strengthen our position in the insurance market.”