Regulatory Alerts2026-03-24
Added · Updated
General Insurance & Takaful Insurer Financial Strength Rating Assessment Framework
The Pakistan Credit Rating Agency issues this assessment framework to standardize the Insurer Financial Strength rating for general insurance and Takaful operators. The methodology evaluates ownership, governance, management, business risk, and financial risk through a blend of qualitative and quantitative metrics to determine an insurer's relative ability to meet policyholder obligations. It explicitly accommodates digital-only insurers and reinsurers while emphasizing strong enterprise risk management, underwriting performance, liquidity, reinsurance structures, and ESG compliance.
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