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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 Habib Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Nov-25 Maintain A++ (ifs) Stable -
2 TPL Insurance Limited
Press Release | Report | History
Insurance IFS 04-Nov-25 Maintain AA (ifs) Stable Yes
3 Jubilee General Insurance Company Limited
Press Release | Report | History
Insurance IFS 23-Oct-25 Maintain AA++ (ifs) Stable -
4 East West Insurance Company Limited
Press Release | Report | History
Insurance IFS 10-Oct-25 Maintain AA+ (ifs) Stable -
5 Postal Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 07-Oct-25 Maintain A+ (ifs) Developing Yes
6 The Pakistan General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Oct-25 Initial BBB+ (ifs) Stable -
7 The United Insurance Company of Pakistan Limited
Press Release | Report | History
Insurance IFS 30-Sep-25 Maintain AA+ (ifs) Stable -
8 Atlas Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain AA+ (ifs) Stable -
9 Shaheen Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Upgrade A++ (ifs) Stable -
10 Premier Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A (ifs) Stable -
11 Asia Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A++ (ifs) Stable -
12 5th Pillar Family Takaful Limited
Press Release | Report | History
Insurance IFS 18-Aug-25 Maintain A+ (ifs) Stable -
13 Adamjee Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 13-Aug-25 Upgrade AA (ifs) Stable -
14 The Universal Insurance Company Limited
Press Release | Report | History
Insurance IFS 25-Jul-25 Maintain A (ifs) Stable Yes
15 Askari Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 30-Jun-25 Maintain A (ifs) Stable -
16 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Insurance IFS 30-Jun-25 Maintain AAA (ifs) Stable -
17 TPL Life Insurance Limited
Press Release | Report | History
Insurance IFS 26-Jun-25 Maintain A (ifs) Stable Yes
18 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Insurance IFS 26-Jun-25 Maintain A++ (ifs) Stable -
19 Dawood Family Takaful Limited
Press Release | Report | History
Insurance IFS 26-Jun-25 Maintain A+ (ifs) Stable -
20 IGI Life Insurance Limited
Press Release | Report | History
Insurance IFS 25-Jun-25 Maintain A++ (ifs) Stable -
21 TRAFCO Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Jun-25 Downgrade BBB (ifs) Stable -
22 Alfalah Insurance Company Limited
Press Release | Report | History
Insurance IFS 19-May-25 Maintain AA+ (ifs) Stable -
23 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Banks Social Impact and Performance Rating 16-May-25 Initial SIP3 Stable -
24 EFU General Insurance Limited
Press Release | Report | History
Insurance IFS 09-May-25 Maintain AA++ (ifs) Stable -
25 ASA Microfinance Bank (Pakistan) Limited
Press Release | Report | History
Banks Social Impact and Performance Rating 17-Mar-25 Maintain SIP2 Positive -
26 Adamjee Insurance Company Limited
Press Release | Report | History
Insurance IFS 01-Mar-25 Maintain AA++ (ifs) Stable -
27 IGI General Insurance Limited
Press Release | Report | History
Insurance IFS 21-Feb-25 Maintain AA+ (ifs) Stable -
28 Askari General Insurance Company Limited
Press Release | Report | History
Insurance IFS 07-Feb-25 Maintain AA+ (ifs) Stable -
29 Pak Qatar General Takaful Limited
Press Release | Report | History
Insurance IFS 07-Feb-25 Maintain A+ (ifs) Stable -
30 Sindh Insurance Limited
Press Release | Report | History
Insurance IFS 31-Jan-25 Maintain A++ (ifs) Stable -
31 Salaam Takaful Limited
Press Release | Report | History
Insurance IFS 31-Jan-25 Maintain A++ (ifs) Stable -
32 Jubilee Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 16-Jan-25 Maintain AA++ (ifs) Stable -
33 Rural Community Development Programmes
Press Release | Report | History
Banks Social Impact and Performance Rating 13-Dec-24 Maintain SIP3++ Positive -
34 Reliance Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Nov-24 Maintain A+ (ifs) Stable -
Complaints
Ms. Iram Tahir | Compliance Officer

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

DISCLAIMER
In case your complaint has not been properly redressed by us, you may lodge your complaint with SECP.