PACRA upgraded the IFS Rating of The United Insurance Co of Pakistan Ltd. (UIC) to AA- (Double A Minus)

The rating reflects United Insurance’s strong business fundamentals emanating from a sustained growth in GPW. This has enable united to emerge as fourth largest player in the general insurance industry.
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Delivery of claim settlement cheque of Rs. 94,271,750.00

Alhamdulillah! By the grace of ALMIGHTY ALLAH, The United Insurance Company of Pakistan Ltd again fulfilled its commitment towards valuable client The Bank of Punjab, Quetta A/c. of M/s. Habib Sultan Model Industries (Pvt) Ltd had paid claim of Rs. 94,271,750...

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PACRA upgrades UIC’s rating to “AA-”

The Pakistan Credit Rating Agency (PACRA) has upgraded the IFS rating of The United Insurance Company of Pakistan Limited (UIC) to “AA-“(Double A Minus). The rating denotes very strong capacity to meet policyholder and contract obligations. Risk factors are Modest,...

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