Financial strength: IGI Insurance rated ‘AA’

Pacra) has maintained Insurer Financial Strength (IFS) rating of IGI Insurance Limited at “AA” for the 12th year

KARACHI: Pakistan Credit Rating Agency (Pacra) has maintained Insurer Financial Strength (IFS) rating of IGI Insurance Limited at “AA” for the 12th consecutive year, a press release says. IGI said the rating denotes a very strong capacity to meet policyholder and contract obligations and reflects the company’s strong risk absorption capacity emanating from a robust financial profile and stable underwriting performance. “These ratings are a result of IGI Insurance’s continuous focus on world class customer services, good corporate governance and excellent management practices,” commented IGI CEO Jalees Siddiqi. PRESS RELEASE

Published in The Express Tribune, December 10^th, 2011.