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Russian reinsurer Unity Re gets 'BB-' rating from S&P

Russian reinsurer Unity Re has been given a 'BB-' long-term counterparty credit and insurer financial strength ratings and 'ruAA-' Russian national scale rating by ratings agency Standard & Poors with a stable outlook.

"The ratings are based on the company's good capitalization and good quality of fixed-income investments," said Standard & Poor's credit analyst Victor Nikolskiy.

These positive factors are partly

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