Thursday 15 November 2018
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nigeria70 - 9 days ago

Agusto Co. Assigns a “Bbb-” Rating to Anchor Insurance

Rating expires on 30 June 2019  The rating assigned to Anchor Insurance Limited (‘Anchor’ or ‘the Insurer’) reflects its good profitability, decent investment management, good liquidity, moderate exposure to underwriting risks as well as an experienced management team. However, the rating is constrained by the Insurer’s low profitability, elevated underwriting expenses, and the dampening effects [ ] The post Agusto Co. Assigns a “Bbb-” Rating to Anchor Insurance appeared first on THISDAYLIVE.

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