LASACO Assurance PLC, an underwriter in Nigeria has gotten a positive rating in the insurance industry.
The company was rated A(NG) in the latest ranking of insurance and financial products providers by the world-renowned rating agency, GCR, which applauded it for its “stable outlook”
The insurance company, in a statement, quoted GCR as saying, it puts the performance of the leading financial and insurance operators in the country on scale for its 2022 ranking, found LASACO worthy of commendation for its creativity and strict adherence to standards
The company came tops for its “strong financial strength and competitive position on improved financial profile” which cumulatively showed that its 2022 performance outlook was stable.
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LASACO’s latest rating confirmed the relevance and appropriateness of the reform programmes which the company embarked on to keep it fit for the 21st Century corporate performance and customer-oriented business strategy
GCR is an international rating agency with bias in credit ratings, including financial strength ratings and structured financial ratings.
