News Ticker: ..Peoples Bus launched on Yusuf Goth-Tower route in KarachiRestoration drive for Rawalpindi’s historic Takht Pari forest beginning tomorrowPlanning Minister calls for adopting latest technologiesPak-Italy parliamentary diplomacy can strengthen ties: NA SpeakerAmbreen Jan posted as Information SecretaryPunjab govt announces ‘Suthra Punjab Program’ campaignCM Murad approves Rs16m grant, vehicles for blind childrenSBCA sets up Help Desk resolve industrialists’ problems(Sports) Diya Academy sports squad leaves for Malaysia gaming tourHaleon Pakistan Celebrates 2nd Global Anniversary on International Self-Care DayCommissioner directs officials to visit markets to check goods’ pricesCM Murad launches revival of natural route of Dhoro Puran to Shakoor LakeSolar exhibition inaugurated at Expo Center Karachi15 arrested for bathing in seaPakistan Continues Winning Streak of Securing Most Erasmus Mundus Scholarships WorldwidePeoples Bus launched on Yusuf Goth-Tower route in 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urges international community to end sufferings in IIOJKHigh-level Omani delegation visits PakistanPakistani, Chinese Ministers discuss boosting economic tiesKashmiri Americans to rally at Times Square against Article 370 abrogationPM vows to continue supporting ECOAleem Khan terms Gilgit-Khunjerab Motorway as game-changerFertilizer companies to open model centers in every district: MinisterPakistan, Sri Lanka to clash in ACC Women’s Asia Cup semi-final on FridayMurad calls for proper traffic management to reduce public inconvenienceInfo Minister announces to set up Digital Communication CenterMinister expresses Pakistan’s commitment to TAPI projectFederal Ministers launch ‘Hurmat-e-Parcham drive’Commonwealth SG to pay 6-day visit to Pakistan from SundayAhsan calls for enhancing digital, innovative literacyNational Conference leader criticizes BJP budget ignoring IIOJKNew variants of avian influenza threaten Asia, warns UN bodyShahnawaz Dahani ruled out of Shaheens’ Darwin tourSyngenta 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speciesCAT upholds CCP’s order against media industry giantsPM affirms to resolutely defend national interestsCommonwealth SG to arrive in Pakistan on SundayBohra community offers gratitude to Tessori for warm hospitality(NATIONAL) PTI dismisses allegations against ImranAhsan stresses collective efforts for national developmentCongress assails BJP over volatile situation in occupied KashimirRoad network to China, Central Asian countries will be completed to promote trade: AleemCM Murad launches revival of natural route of Dhoro Puran to Shakoor LakeMeri Pehchan Project termed beneficial for women’s empowermentIndia shifts 10,000 villagers for missile testPakistan, Egypt to enhance ties in religious educationIndian troops martyr Kashmiri youth in KupwaraPak Army, FC taking steps for protection of national heritage in KPRain expected in Sindh, other parts of countryPunjab CM lauds Germany for swift response over consulate attackCongress protests against dictatorial powers to IIOJK 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Majlis-e-Ulama calls for peace in occupied Kashmir

Pakistan Press International

JCR-VIS suspends Insurer Financial Strength Rating of The Pakistan General Insurance Company Limited

January 10, 2018

Karachi, January 10, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has suspended the Insurer Financial Strength rating of ‘A-‘ (Single A Minus) assigned to The Pakistan General Insurance Company Limited (PGI) with immediate effect. Despite repeated requests, PGI has not provided information required to complete the rating process. The rating will be updated upon receiving of the said information. Previous rating action was announced on December 30, 2016.

For more information, contact:
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk