Business news from Ukraine

Business news from Ukraine

“Standard-Rating has withdrawn ratings of ViDi Insurance

28 August , 2023  

On August 25, 2023 Standard-Rating withdrew the credit rating/financial strength rating of the insurer ODO Insurance Company ViDi Insurance (Kyiv) at the company’s request, the agency’s website reports.

As reported, on February 27, 2022 RA Standard-Rating suspended the credit rating of the company at its request due to the introduction of martial law.

It was also noted that the rating could be restored by the company’s decision at any time.

Later, according to the results of the insurer’s activity in the nine months of 2022, RA “Standard-Rating” updated the company’s credit rating/rating of financial stability (reliability) of the insurer on the national scale at the level “uaAA”.

IC “ViDi Insurance” has been working in the insurance market since 2007, the main specialization – motor insurance.

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