Linkage Assurance gets B+ stable outlook rating from AM Best

Linkage Assurance Plc, a prominent non-life insurance company in Nigeria, has been assigned a Long-Term Issuer Credit Rating (ICR) of “B+” by AM Best, a leading global credit rating agency. The outlook for both the credit rating and the issuer credit profile is stable.

AM Best’s rating reflects Linkage Assurance’s strong balance sheet strength, in addition to its adequate operating performance, favourable business profile, and effective enterprise risk management framework.

Related News

This development places Linkage Assurance Plc among the select Nigerian insurers evaluated by AM Best, reaffirming its position as a significant player in the country’s insurance landscape.

Linkage Assurance Plc is listed on the Nigerian Exchange Group (NGX) and currently operates 14 branches across Nigeria.

The stable outlook signifies that, barring unforeseen events, Linkage Assurance Plc is expected to maintain its current credit profile over the near to medium term.

Modestus Anaesoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.