A huge achievement for the “Bassah” insurance company: this is the new credit rating it received

Midrog explained that the rating increase at this time reflects the strong financial profile and the stable performance of Basasah over a long period of time, the leading position of Basasah in the credit insurance market, which is expressed, among other things, in its solid capital, its good and consistent profitability over the business cycles, the distributed risk portfolio, the expansion The product mix, the high underwriting flexibility, the strong relationship with reinsurers with high credit ratings, the company’s large market share and the support of the shareholders (Allianz Trade, the largest credit insurance company in the world from Allianz, and Harel Insurance and Finance, the largest insurance group in Israel).