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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action IFS Rating Outlook Rating Watch
1 Adamjee Insurance Company Limited
Press Release | Report | History
Insurance IFS 27-Feb-26 Maintain AA++ (ifs) Stable -
2 IGI General Insurance Limited
Press Release | Report | History
Insurance IFS 21-Feb-26 Maintain AA+ (ifs) Stable -
3 Pak Qatar General Takaful Limited
Press Release | Report | History
Insurance IFS 06-Feb-26 Maintain A+ (ifs) Positive -
4 Askari General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Feb-26 Maintain AA+ (ifs) Stable -
5 Sindh Insurance Limited
Press Release | Report | History
Insurance IFS 31-Jan-26 Upgrade AA (ifs) Stable -
6 Salaam Takaful Limited
Press Release | Report | History
Insurance IFS 30-Jan-26 Maintain A++ (ifs) Stable -
7 Jubilee Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Jan-26 Maintain AA++ (ifs) Stable -
8 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Insurance IFS 23-Dec-25 Upgrade AA (ifs) Stable -
9 Reliance Insurance Company Limited
Press Release | Report | History
Insurance IFS 17-Nov-25 Upgrade A++ (ifs) Stable -
10 Habib Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Nov-25 Maintain A++ (ifs) Stable -
11 TPL Insurance Limited
Press Release | Report | History
Insurance IFS 04-Nov-25 Maintain AA (ifs) Stable Yes
12 Jubilee General Insurance Company Limited
Press Release | Report | History
Insurance IFS 23-Oct-25 Maintain AA++ (ifs) Stable -
13 East West Insurance Company Limited
Press Release | Report | History
Insurance IFS 10-Oct-25 Maintain AA+ (ifs) Stable -
14 Postal Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 07-Oct-25 Maintain A+ (ifs) Developing Yes
15 The Pakistan General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Oct-25 Initial BBB+ (ifs) Stable -
16 The United Insurance Company of Pakistan Limited
Press Release | Report | History
Insurance IFS 30-Sep-25 Maintain AA+ (ifs) Stable -
17 Atlas Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain AA+ (ifs) Stable -
18 Shaheen Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Upgrade A++ (ifs) Stable -
19 Premier Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A (ifs) Stable -
20 Asia Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A++ (ifs) Stable -
21 5th Pillar Family Takaful Limited
Press Release | Report | History
Insurance IFS 18-Aug-25 Maintain A+ (ifs) Stable -
22 Adamjee Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 13-Aug-25 Upgrade AA (ifs) Stable -
23 The Universal Insurance Company Limited
Press Release | Report | History
Insurance IFS 25-Jul-25 Maintain A (ifs) Stable Yes
24 Askari Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 30-Jun-25 Maintain A (ifs) Stable -
25 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Insurance IFS 30-Jun-25 Maintain AAA (ifs) Stable -
26 TPL Life Insurance Limited
Press Release | Report | History
Insurance IFS 26-Jun-25 Maintain A (ifs) Stable Yes
27 Dawood Family Takaful Limited
Press Release | Report | History
Insurance IFS 26-Jun-25 Maintain A+ (ifs) Stable -
28 IGI Life Insurance Limited
Press Release | Report | History
Insurance IFS 25-Jun-25 Maintain A++ (ifs) Stable -
29 TRAFCO Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Jun-25 Downgrade BBB (ifs) Stable -
30 Alfalah Insurance Company Limited
Press Release | Report | History
Insurance IFS 19-May-25 Maintain AA+ (ifs) Stable -
31 EFU General Insurance Limited
Press Release | Report | History
Insurance IFS 09-May-25 Maintain AA++ (ifs) Stable -
Complaints
Ms. Iram Tahir | Compliance Officer

+92 42 3586 9504-6 | compliance@pacra.com

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