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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 / Oct 1	277.30
USD PKR Interbank Buying / Oct 1	277.10
USD to Japanese Yen / Oct 2	157.82
USD to Swiss Franc / Oct 2	0.83
Pound Sterling to USD / Oct 2	1.32
Euro to USD / Oct 2	1.12
SOFR % / Sep 30	3.90

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S&P 500 / Oct 1	7,666.45
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Tokyo Nikkei / Oct 2	68,326.72
Hang Seng / Oct 2	24,012.97
FTSE 100 / Oct 2	10,443.98
Germany DAX 30 / Oct 2	24,999.92
France CAC40 / Oct 2	7,858.85

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Petrol/Litre / Oct 2	390.66
Crude Oil USD/Barrel / Oct 2	92.52
Gold 10 Grams PKR / Oct 2	377,774
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Cotton US¢/pound / Oct 2	77.51

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