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LEXGARANT Outlook Revised To Positive On Stronger Performance Projections; 'B+' Ratings Affirmed

On September 11, 2019, S&P Global Ratings revised to positive from stable the outlook on LEXGARANT Insurance Company Ltd. and affirmed the 'B+' long-term insurer financial strength and issuer credit ratings.


S&P has confirmed the rating of LEXGARANT Insurance Company LTD on the level of «B+»

The international rating agency S&P Global Ratings has confirmed the credit rating of the financial stability of LEXGARANT Insurance Company LTD on the level of «B+». The Outlook for the rating changes is "Stable".


LEXGARANT Insurance Company has become an official member of the Russian Asian Union of Industrialists and Entrepreneurs

LEXGARANT Insurance Company has joined membership in the Russian Asian Union of Industrialists and Entrepreneurs (RAUIE).


The ongoing changes in the Russian economy create a challenging risk background for any business. The typical core risk groups from a company management perspective (in terms of risk management function) are technological risks, property-related risks, and financial/commercial risks. All the above groups of risks are considered in conjunction with objects potentially exposed to the corresponding risks (property assets, finances, personnel, information, etc).

Risk management is a system of activities conducted in a regular manner and designed to minimize a company's losses. Insurance is one of the elements of this activity.

LEXGARANT Insurance Company has accumulated substantial experience and expertise in the area of design and implementation of comprehensive insurance programs for corporate customers, taking account to the maximum possible degree of their potential risks and their industry profile.

The program offers the following benefits:

  •          Maximum insurance coverage against potential property and financial losses
  •          Systemic risks analysis
  •          Real compensation of damage according to the terms of the insurance contract

LEXGARANT Insurance Company operates as a professional risk manager and uses sets of individual terms, tailored to the needs of each company, with due regard for the particular parameters of modeling the insured event.