Moody™s Assigns B3 to Universalna Insurance

International rating agency Moody’s assigned a B3 insurance financial stability rating (IFSR) to Universalna Insurance (SKUN: HOLD). The rating has a positive outlook. Moody’s announcement said that the company’s rating is supported by its extensive network, as well as high financial flexibility. However, Universalna shows low profitability due to its high expenditures and intense acquisition activity.