Insurance Company Kommesk-Omir says A.M. Best upgraded company’s ratings, outlook Stable

19.04.18 18:47
/KASE, April 19, 2018/ – Insurance Company Kommesk-Omir (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote A.M. Best international rating agency upgraded ratings of Insurance Company Kommesk-Omir – Financial Strength Rating from C++ to B- and the Long-Term Issuer Credit Rating from "b+" to "bb-". Outlook "Stable". According to ratings, Kommesk-Omir is one of top 5 insurance companies that operate in general insurance field. Ratings reflect strong balance component of the company, its moderate operational performance, business profile and medium level of risk management system inherent in Kazakhstan’s insurance market as a whole. unquote This press release is posted on the KASE website – http://kase.kz/files/emitters/KMSO/kmso_reliz_190418.pdf [2018-04-19]