Press Release

VIS Withdraws Insurer Financial Strength Rating of The Pakistan General Insurance Company Limited
 

Karachi, February 03, 2020: VIS Credit Rating Company Limited (VIS) has withdrawn the Insurer Financial Strength Rating of The Pakistan General Insurance Company Limited (PGI), with immediate effect, on account of non-renewal of rating contract. The previous rating action was announced on January 10, 2018.

For further information on this rating announcement, please contact Mr. Syed Faheem Haider at 042-35723411-13 (Ext: 8006) or the undersigned at 021-35311861-70 (Ext. 201) or email at mailto:info@vis.com.pk


Javed Callea
Advisor


VIS Entity Rating Criteria: General Insurance (November 2019)
https://www.vis.com.pk/kc-meth.aspx

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Information herein was obtained from sources believed to be accurate and reliable; however, VIS Credit Rating Company Limited (VIS) does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information.VIS , the analysts involved in the rating process and members of its rating committee do not have any conflict of interest relating to the rating(s)/ranking(s) mentioned in this report.VIS is not an NRSRO and its credit ratings are not NRSRO credit ratings.VIS is paid a fee for most rating assignments. This rating/ranking is an opinion and is not a recommendation to buy or sell any securities. Copyright 2020 VIS Credit Rating Company Limited . All rights reserved. Contents may be used by news media with credit to VIS .

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