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Insurers Financial Strength Rating
We are pleased to announce that PACRA has maintained our IFS rating ‘A’ for the year 2013. The rating incorporates prudent strategy of the management focused on a diverse mix of products and customers. This would help the company to sustain further improvement in underwriting performance. The company has also adopted a focused approach to further improve insurance assets/liabilities management and favorable changes in the investment mix
The Chairman’s review included in this report gives comprehensive scenario on the overall performance of your company during the year and its prospects for the future. The Directors fully endorsed the views of the Chairman and would like to follow the guidance for growth and prosperity of the company in years ahead.