ICRA Nepal Assigns [ICRANP-IR] A Rating to Siddhartha Premier Insurance Indicating Low Credit Risk

Sun, Apr 13, 2025 9:39 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has assigned an issuer rating of [ICRANP-IR] A to Siddhartha Premier Insurance Limited, indicating an adequate level of safety in meeting financial obligations and a low credit risk.

This rating reflects the general creditworthiness of the company and is not linked to any specific debt instrument. Additionally, ICRA uses "+" or "–" signs to show relative positions within rating categories, with A+ being one level higher than A, and A– one level lower.