Linkage Assurance Plc has been assigned a Long-Term Issuer Credit Rating (ICR) of “B+” by AM Best, a leading global credit rating agency.
The outlook for the credit rating and the issuer credit profile is stable.
AM Best’s rating reflects Linkage Assurance’s strong balance sheet strength, in addition to its adequate performance, favourable business profile, and effective enterprise risk management framework. In a statement, the company: “This development places Linkage Assurance among the select Nigerian insurers evaluated by AM Best, reaffirming its position as a significant player in the country’s insurance landscape. The outlook signifies that, barring unforeseen events, Linkage Assurance is expected to maintain its credit profile.