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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action IFS Rating Outlook Rating Watch
1 Postal Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 17-Jul-26 Downgrade A (ifs) Negative Yes
2 Askari Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 30-Jun-26 Maintain A (ifs) Positive -
3 State Life Insurance Corporation of Pakistan
Press Release | Report | History
Insurance IFS 30-Jun-26 Maintain AAA (ifs) Stable -
4 IGI Life Insurance Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Maintain A++ (ifs) Stable -
5 TPL Life Insurance Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Maintain A (ifs) Stable Yes
6 Dawood Family Takaful Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Upgrade A++ (ifs) Stable -
7 Adamjee Life Assurance Company Limited
Press Release | Report | History
Insurance IFS 24-Jun-26 Maintain AA (ifs) Stable -
8 National Insurance Company Limited
Press Release | Report | History
Insurance IFS 17-Jun-26 Initial AA (ifs) Stable -
9 Alfalah Insurance Company Limited
Press Release | Report | History
Insurance IFS 19-May-26 Maintain AA+ (ifs) 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 Adamjee Insurance Company Limited
Press Release | Report | History
Insurance IFS 27-Feb-26 Maintain AA++ (ifs) Stable -
14 IGI General Insurance Limited
Press Release | Report | History
Insurance IFS 21-Feb-26 Maintain AA+ (ifs) Stable -
15 Pak Qatar General Takaful Limited
Press Release | Report | History
Insurance IFS 06-Feb-26 Maintain A+ (ifs) Positive -
16 Askari General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Feb-26 Maintain AA+ (ifs) Stable -
17 Sindh Insurance Limited
Press Release | Report | History
Insurance IFS 31-Jan-26 Upgrade AA (ifs) Stable -
18 Salaam Takaful Limited
Press Release | Report | History
Insurance IFS 30-Jan-26 Maintain A++ (ifs) Stable -
19 Jubilee Life Insurance Company Limited
Press Release | Report | History
Insurance IFS 05-Jan-26 Maintain AA++ (ifs) Stable -
20 Pak-Qatar Family Takaful Limited
Press Release | Report | History
Insurance IFS 23-Dec-25 Upgrade AA (ifs) Stable -
21 Reliance Insurance Company Limited
Press Release | Report | History
Insurance IFS 17-Nov-25 Upgrade A++ (ifs) Stable -
22 Habib Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Nov-25 Maintain A++ (ifs) Stable -
23 Jubilee General Insurance Company Limited
Press Release | Report | History
Insurance IFS 23-Oct-25 Maintain AA++ (ifs) Stable -
24 East West Insurance Company Limited
Press Release | Report | History
Insurance IFS 10-Oct-25 Maintain AA+ (ifs) Stable -
25 The Pakistan General Insurance Company Limited
Press Release | Report | History
Insurance IFS 04-Oct-25 Initial BBB+ (ifs) Stable -
26 Atlas Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain AA+ (ifs) Stable -
27 Shaheen Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Upgrade A++ (ifs) Stable -
28 Premier Insurance Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A (ifs) Stable -
29 Asia Insurance Company Limited
Press Release | Report | History
Insurance IFS 22-Aug-25 Maintain A++ (ifs) Stable -
30 5th Pillar Family Takaful Limited
Press Release | Report | History
Insurance IFS 18-Aug-25 Maintain A+ (ifs) Stable -
31 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.