Press Release

JCR-VIS withdraws IFS rating of The Cooperative Insurance Society of Pakistan Limited

Karachi, May 16, 2014: JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the Insurer Financial Strength (IFS) rating of ‘B+’ (Single B Plus) assigned to The Cooperative Insurance Society of Pakistan Limited, with immediate effect, on account of non-renewal of rating contract.

For further information on this rating announcement, please contact Ms. Sobia Maqbool, CFA at 021-35311861-70 or Mr. Maimoon Rasheed at 042-36610681-84.


Jamal Abbas Zaidi
Deputy CEO

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