Rating Release
Agusto & Co. hereby assigns a ‘Bbb-’ long term and ‘A3’ short term ratings to Universal Insurance Plc, with a stable outlook
The rating expires on 30 June 2026.
Agusto & Co. hereby assigns a “Bbb-” long-term rating and an “A3” short-term rating to Universal Insurance Plc (“Universal Insurance” or “the Insurer” or “the Underwriter” or “the Company”), reflecting a long operating history, improved profitability, low loss ratio, moderate liquidity and effective digital initiatives. However, the rating is constrained by low investment income, dominance of illiquid assets in the investment portfolio and the prevailing macroeconomic challenges.
