Linkage Assurance Bags B+ stable Outlook Global Rating
Linkage Assurance Plc, a non-life insurance company, has been assigned a long-term Issuer Credit Rating (ICR) of “B+” by AM Best, a global credit rating agency. The outlook for both the credit rating and the issuer credit profile is stable.
Dr Imo Imo, Chief Strategy and Product Officer, Linkage Assurance Plc, disclosed this in a statement on Tuesday in Lagos.
Imo said AM Best’s rating reflects Linkage Assurance’s strong balance sheet strength, in addition to its adequate operating performance, favourable business profile, and effective enterprise risk management framework.
He explained that this development places Linkage Assurance among the select Nigerian insurers evaluated by AM Best, reaffirming its position as a significant player in the country’s insurance landscape.
Linkage Assurance Plc is listed on the Nigerian Exchange Group (NGX) and currently operates 14 branches across Nigeria.
The stable outlook signifies that, barring unforeseen events, Linkage Assurance Plc is expected to maintain its current credit profile over the near to medium term. #Linkage Assurance Bags B+ stable Outlook Global Rating#
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