ACRA withdraws the credit rating of Insurance Company "ARSENAL" LLC due to contract expiration

ACRA has withdrawn its BB(RU) credit rating, outlook Stable, previously assigned to Insurance Company "ARSENAL" LLC. The rating has been withdrawn due to expiration of the contract between ACRA and Insurance Company "ARSENAL" LLC. The rating has been withdrawn without its concurrent affirmation, as ACRA does not possess sufficient information about the financial standing and operations of Insurance Company "ARSENAL" LLC.

Regulatory disclosure

The credit rating of Insurance Company "ARSENAL" LLC was previously assigned under the national scale for the Russian Federation based on the Methodology for Assigning Credit Ratings to Insurance Organizations on the National Scale for the Russian Federation and the Key Concepts Used by the Analytical Credit Rating Agency within the Scope of Its Rating Activities.

The credit rating assigned to Insurance Company "ARSENAL" LLC was published by ACRA for the first time on December 4, 2017.

ACRA provided additional services to Insurance Company "ARSENAL" LLC. No conflicts of interest were discovered in the course of credit rating assignment.

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