ICRA Nepal Upgrades Life Insurance Corporation (Nepal) Ltd. Rating to A+

Mon, Nov 11, 2024 10:35 AM on Latest, Credit Rating, NEPSE News,

ICRA Nepal has upgraded the rating of Life Insurance Corporation (Nepal) Ltd. from “A” to “A+.” This improvement, detailed in a letter dated October 30, 2024, under Reference Number ICRAN/081/082/SURV/027, signifies an enhanced level of creditworthiness for the company.

The new rating reflects ICRA Nepal’s confidence in the company's financial stability and operational performance, marking a positive step forward for Life Insurance Corporation (Nepal) Ltd.