ICRA Nepal Reaffirms [ICRANP-IR] A- Issuer Rating for NLG Insurance Company
Tue, Nov 26, 2024 12:33 PM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the [ICRANP-IR] A- Issuer Rating for NLG Insurance Company Limited, indicating that the company is sufficiently secure in meeting its financial obligations on time with low credit risk.
The rating reflects the issuer's overall creditworthiness and is not bond-specific. Rating categories such as [ICRANP-IR] AA to [ICRANP-IR] C, with + or - signs, indicate the comparative position within the category, with [ICRANP-IR] A+ being higher and [ICRANP-IR] A- being lower than [ICRANP-IR] A.
