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(From Lloyds List)
SOVAG, a top marine insurer specialising in risks related to Russia and neighbouring countries, is set for a bumper year in 2004, writes James Brewer.
The prediction comes from ratings agency AM Best, which has led it to affirm a financial strength rating of B++ (very good) for the company, which is formally known as Schwarzmeer und Ostsee Versicherungs-AG Sovag.
Sovag continued to capitalise on business opportunities such as ...