2026-03-24
Added · Updated
The Pakistan Credit Rating Agency (PACRA) issued this framework to standardize the assessment of Insurer Financial Strength ratings for life insurance and family takaful operators in Pakistan. The methodology requires rating analysts to evaluate ownership, governance, management, business risk, and financial risk through a blended qualitative and quantitative approach. By focusing on these core areas, the framework ensures an objective determination of each operator's capacity to meet long-term policyholder obligations and maintain market stability.