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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 Askari Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 30-Jun-26 Maintain A (ifs) Positive -
2 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Insurance IFS 30-Jun-26 Maintain AAA (ifs) Stable -
3 IGI Life Insurance Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Maintain A++ (ifs) Stable -
4 TPL Life Insurance Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Maintain A (ifs) Stable Yes
5 Dawood Family Takaful Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Upgrade A++ (ifs) Stable -
6 Adamjee Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Maintain AA (ifs) Stable -
7 National Insurance Company Limited
Press Release | Report | History
Insurance IFS 17-Jun-26 Initial AA (ifs) Stable -
8 Alfalah Insurance Company Limited
Press Release | Report | History
Insurance IFS 19-May-26 Maintain AA+ (ifs) Stable -
9 CSC Empowerment & Inclusion Programme
Press Release | Report | History
Banks Social Impact and Performance Rating 15-May-26 Maintain SIP3 Stable -
10 EFU General Insurance Limited
Press Release | Report | History
Insurance IFS 09-May-26 Maintain AA++ (ifs) Stable -
11 TPL Insurance Limited
Press Release | Report | History
Insurance IFS 02-May-26 Maintain AA (ifs) Stable Yes
12 The United Insurance Company of Pakistan Limited
Press Release | Report | History
Insurance IFS 17-Apr-26 Maintain AA+ (ifs) Stable -
13 ASA Microfinance Bank (Pakistan) Limited
Press Release | Report | History
Banks Social Impact and Performance Rating 17-Mar-26 Maintain SIP2 Positive -
14 Adamjee Insurance Company Limited
Press Release | Report | History
Insurance IFS 27-Feb-26 Maintain AA++ (ifs) Stable -
15 IGI General Insurance Limited
Press Release | Report | History
Insurance IFS 21-Feb-26 Maintain AA+ (ifs) Stable -
16 Pak Qatar General Takaful Limited
Press Release | Report | History
Insurance IFS 06-Feb-26 Maintain A+ (ifs) Positive -
17 Askari General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Feb-26 Maintain AA+ (ifs) Stable -
18 Sindh Insurance Limited
Press Release | Report | History
Insurance IFS 31-Jan-26 Upgrade AA (ifs) Stable -
19 Salaam Takaful Limited
Press Release | Report | History
Insurance IFS 30-Jan-26 Maintain A++ (ifs) Stable -
20 Jubilee Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Jan-26 Maintain AA++ (ifs) Stable -
21 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Insurance IFS 23-Dec-25 Upgrade AA (ifs) Stable -
22 Rural Community Development Programmes
Press Release | Report | History
Banks Social Impact and Performance Rating 12-Dec-25 Maintain SIP3++ Positive -
23 Reliance Insurance Company Limited
Press Release | Report | History
Insurance IFS 17-Nov-25 Upgrade A++ (ifs) Stable -
24 Habib Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Nov-25 Maintain A++ (ifs) Stable -
25 Jubilee General Insurance Company Limited
Press Release | Report | History
Insurance IFS 23-Oct-25 Maintain AA++ (ifs) Stable -
26 East West Insurance Company Limited
Press Release | Report | History
Insurance IFS 10-Oct-25 Maintain AA+ (ifs) Stable -
27 Postal Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 07-Oct-25 Maintain A+ (ifs) Developing Yes
28 The Pakistan General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Oct-25 Initial BBB+ (ifs) Stable -
29 Atlas Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain AA+ (ifs) Stable -
30 Shaheen Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Upgrade A++ (ifs) Stable -
31 Premier Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A (ifs) Stable -
32 Asia Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A++ (ifs) Stable -
33 5th Pillar Family Takaful Limited
Press Release | Report | History
Insurance IFS 18-Aug-25 Maintain A+ (ifs) Stable -
34 The Universal Insurance Company Limited
Press Release | Report | History
Insurance IFS 25-Jul-25 Maintain A (ifs) Stable Yes
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.