Unitrust Insurance Company Limited’s credit rating has been upgraded from “Bbb+” to “A-” with a stable outlook.
This significant achievement underscores the company’s good capitalisation on the back of strong shareholders’ support, good liquidity profile and improving investment returns, Arowojolu Adedayo, managing director/CEO
Adedayo said the “A-” rating from Agusto & Co reflects Unitrust Insurance Company Limited’s good financial condition and strong capacity to meet its obligations as an insurance company in Nigeria.
Read also: Unitrust Insurance pays out N3.2bn on claims
Agusto & Co is a leading independent rating agency in Nigeria, providing credit ratings and credit risk management and research to a wide range of organizations. The company’s ratings are based on rigorous analysis and evaluation of financial performance, risk management practices, and corporate governance.
Unitrust Insurance Company Limited is a reputable insurance company in Nigeria, offering a comprehensive range of insurance products and services to individuals and businesses.
With a strong focus on customer satisfaction and innovative solutions, Unitrust Insurance Company Limited is committed to providing peace of mind and financial security to its customers.
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