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Outstanding Ratings

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