Ratings

KARACHI, July 7: JCR-VIS has assigned an insurer financial strength or IFS rating of triple B plus to Saudi Pak Insurance Company, says a press release. The outlook on the rating is stable.

The rating takes into consideration the experience of the management team and the strength of the reinsurers.

Meanwhile, JCR-VIS credit rating company has assigned final medium to long term rating of single A plus with stable outlook to proposed TFC of Rs2 billion to be issued by Azgard Nine Ltd, says a press release.

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