VIS upgrades IFS ratings of United Insurance Company

MG News | October 21, 2021 at 10:28 AM GMT+05:00

0:00

October 21, 2021 (MLN): The United Insurance Company of Pakistan Limited (UNIC) informed the exchange through a notification that the VIS Credit Rating Company Limited (VIS) has upgraded the Insurer Financial Strength (IFS) rating of the company from AA- (Double A Minus) to AA (Double-A).

The IFS rating "AA" donates a very high capacity of meeting policyholders and contractual obligations, the notification added.

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