FLASHNEWS:

Day: August 26, 2023

PACRA Assigns Ratings to Shaheen Insurance Company Limited

Lahore, August 26, 2023 (PPI-OT): The ratings reflect Shaheen Insurance Company Limited’s (“Shaheen Insurance” or “the Company”) association with Shaheen Foundation PAF, providing room for captive business. The Company holds a limited market share. The…

PACRA Downgrades IFS Rating of Premier Insurance Limited

Lahore, August 26, 2023 (PPI-OT): Pakistan’s insurance industry is relatively small when compared globally. Locally, among the service sector, share of insurance in GDP and density (premium per capita) remains modest as the sector remains underdevelope…