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Pakistan

JCR-VIS reaffirms IFS rating of Century Insurance Company

KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength (IFS) rating of Century

Published November 15, 2017 Updated November 15, 2017 01:20pm

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By Parvez Jabri APP

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KARACHI: JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength (IFS) rating of Century Insurance Company Limited (CICL) at single A plus.

The outlook on the assigned rating is stable, said press release on Wednesday.

Previous rating action was announced on August 23,2016. The assigned ratings incorporate robust profile of sponsors which have presence in diverse sectors, improvement in the under-writing performance, adequate reinsurance arrangements and healthy capitalization indicators of CICI.

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Currency	Rate
USD PKR Interbank Selling / Jul 23	278.10
USD PKR Interbank Buying / Jul 23	277.90
USD to Japanese Yen / Jul 24	163.83
USD to Swiss Franc / Jul 24	0.82
Pound Sterling to USD / Jul 24	1.33
Euro to USD / Jul 24	1.14
SOFR % / Jul 23	3.59

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S&P 500 / Jul 23	7,408.30
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Dow Jones / Jul 23	51,711.65
India Sensex / Jul 24	75,618.86
Tokyo Nikkei / Jul 24	64,568.75
Hang Seng / Jul 24	24,866.39
FTSE 100 / Jul 24	10,673.52
Germany DAX 30 / Jul 24	24,885.53
France CAC40 / Jul 24	8,310.77

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 23	18,680
Gold 10 Grams PKR / Jul 23	370,401
Petrol/Litre / Jul 24	331.52
Crude Oil USD/Barrel / Jul 24	91.69
Gold Spot USD/Ounce / Jul 24	4,027.02
Diesel/Litre / Jul 24	378.66
Cotton US¢/pound / Jul 24	81.26

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First IBL Mod. / Jul 24 First IBL Modaraba(FIBLM)	15.15 ▲ 1.38 (10.02%)
UDL International / Jul 24 UDL International Limited(UDLI)	21.77 ▲ 1.98 (10.01%)
Asia Ins. / Jul 24 Asia Insurance Company Limited(ASIC)	54.95 ▲ 5 (10.01%)
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Dadabhoy Cement / Jul 24 Dadabhoy Cement Industries Limited(DBCI)	18.34 ▼ -2.04 (-10.01%)
Khairpur Sug. / Jul 24 Khairpur Sugar Mills Limited(KPUS)	1,105.08 ▼ -122.79 (-10%)
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Janana De Malucho / Jul 24 Janana De Malucho Textile Mills Limited(JDMT)	139.10 ▼ -15.46 (-10%)
Shadman Cotton / Jul 24 Shadman Cotton Mills Limited(SHCM)	52.90 ▼ -5.75 (-9.8%)
Sana Ind / Jul 24 Sana Industries Limited(SNAI)	34.81 ▼ -3.7 (-9.61%)
Elahi Cotton / Jul 24 Elahi Cotton Mills Limited(ELCM)	206 ▼ -21.34 (-9.39%)
J.K.Spinning / Jul 24 J.K. Spinning Mills Limited(JKSM)	210.10 ▼ -21.45 (-9.26%)
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Cnergyico PK / Jul 24 Cnergyico PK Limited(CNERGY)	39,554,239 ▲ 0.24
Trust Sec.& Brok. / Jul 24 Trust Securities & Brokerage Limited(TSBL)	17,303,517 ▲ 0.05
Pak Refinery / Jul 24 Pakistan Refinery Limited(PRL)	15,020,524 ▲ 1.61
B.O.Punjab / Jul 24 The Bank of Punjab(BOP)	14,135,211 ▲ 0.15
K-Electric Ltd. / Jul 24 K-Electric Limited(KEL)	11,625,714 ▲ 0.15
TPL Properties / Jul 24 TPL Properties Limited(TPLP)	10,511,074 ▼ -0.12
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Maple Leaf Cement / Jul 24 Maple Leaf Cement Factory Limited(MLCF)	7,676,266 ▲ 1.48