VIS Credit Rating Company and PACRA have harmonized Insurer Financial Strength rating of Pak-Qatar Family Takaful Limited at ‘A++’ with Stable Outlook.
The rating assigned signifies high capacity to meet policyholder obligations and contractual obligations reflected by the company’s adequate capitalization and liquidity profile, said a press release on Monday.
Business generated through the Bancatakaful channel has been the highest contributor to top-line. Pak-Qatar Family Takaful Limited is the pioneer and the dedicated Takaful Company operating for more than a decade offering financial protection to everyone with a history of robust profitability ratios.—APP