Pakistan Credit Rating Agency (PACRA) has maintained the Insurer Financial Strength rating of Dawood Family Takaful Limited (DFTL) at “A-” (Single A minus). Rating denotes DFTL’s strong capacity to meet policyholder and contract obligations. At the same time, risk factors are moderate, and impact of any adverse business and economic factors is expected to be limited. Rating reflects DFTL’s growing takaful volumes, a result of an effective business strategy employed by its management, though overall market share is likely to improve only gradually, given intense competition. The company has employed a sound technology infrastructure that lends support to its operational efficiency.
strong capacity to meet policyholder and contract obligations.
risk factors are moderate,
and impact of any adverse business
and economic factors is expected to be limited.
Rating reflects DFTL's growing takaful volumes,
a result of an effective business strategy employed by its management, though overall market share is likely to improve only.
Comments are closed.