ICRA Nepal Assigns [ICRANP-IR] BB- Issuer Rating to Liberty Micro Life Insurance Limited

Tue, Oct 1, 2024 10:48 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has assigned a [ICRANP-IR] BB- Issuer Rating to Liberty Micro Life Insurance Limited, indicating a moderate risk of not meeting financial obligations on time. This rating reflects the company's overall creditworthiness and is not specific to any bond.

The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with plus (+) or minus (-) signs showing relative positions within each rating class. A [ICRANP-IR] BB+ rating is one level above [ICRANP-IR] BB, while [ICRANP-IR] BB- is one level below.