Lagos, Nigeria – December 10, 2024 – Unitrust Insurance Company has received a significant boost to its creditworthiness, as Agusto & Co, a leading credit rating agency, has upgraded its rating to A-.
The upgrade, which was announced in a statement by Agusto & Co, reflects Unitrust Insurance’s strong financial performance, impressive growth trajectory, and commitment to maintaining high standards of operational efficiency.
According to Agusto & Co, Unitrust Insurance has demonstrated a robust financial profile, characterized by a strong capital base, adequate liquidity, and a well-diversified investment portfolio. The company’s ability to consistently generate profits and maintain a low claims payment ratio were also cited as key factors in the rating upgrade.
The A- rating is a testament to Unitrust Insurance’s dedication to providing top-notch insurance services to its customers, while maintaining a strong and stable financial foundation. This upgrade is expected to enhance the company’s reputation and credibility in the market, making it an even more attractive option for individuals and businesses seeking insurance coverage.
With this upgraded rating, Unitrust Insurance is poised to continue its growth momentum, driven by its commitment to excellence, innovation, and customer satisfaction.
Source: Africa Publicity
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