Credit Rating Certificate

National Credit Ratings Ltd. (NCR) has affirmed the long-term rating of Pragati Insurance PLC as “AAA” and the short-term rating as “ST-1”, with a stable outlook valid till September 7, 2022. The ratings are based on the audited financials of 2020 and reflect strong performance in claims management, net premium growth, underwriting income, EPS, and Net Asset Value (NAV).