Press Release

JCR-VIS withdraws Insurer Financial Strength Rating of Pakistan Reinsurance Company Limited

Karachi, January 25, 2017: JCR-VIS Credit Rating Company Limited (JCR-VIS) has withdrawn the insurer financial strength rating of ‘AA’ (Double A) assigned to Pakistan Reinsurance Company Limited, with immediate effect, on account of non-renewal of rating contract. Previous rating action was announced on April 26, 2016.

For further information on this rating announcement, please contact the undersigned (Ext: 207) or Mr. Javed Callea (Ext: 201) at 021-35311861-70 or fax to 021-35311873.

Jamal Abbas Zaidi
Advisor

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