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Zenith General Insurance Company Limited

Rating Release

 

Agusto & Co. assigns an “A+” rating to Zenith General Insurance Company Limited in first-time rating

The rating expires on 30 June 2019.

 

The rating assigned by Agusto & Co. to Zenith General Insurance Company Limited (“ZGIC” or “the Insurer”) is reflective of an insurer with good financial condition and strong capacity to meet its obligations as and when they fall due. Zenith General Insurance Company Limited’s financial condition is underpinned by good profitability jointly supported by its core insurance business and strong investment income. This is in addition to good capitalisation, moderate exposure to risk and a good liquidity profile.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.