Linkage Assurance Plc, a prominent non-life insurance company in Nigeria, has been assigned a Long-Term Issuer Credit Rating ICR of B by AM Best, a leading global credit rating agency. The outlook for both the credit rating and the issuer credit profile is stable.
AM Bests rating reflects Linkage Assurances strong balance sheet strength, in addition to its adequate operating performance, favorable business profile, and effective enterprise risk management framework.
This development places Linkage Assurance Plc among the select Nigerian insurers evaluated by AM Best, reaffirming its position as a significant player in the countrys insurance landscape.
Linkage Assurance Plc is listed on the Nigerian Exchange Group NGX and currently operates 14 branches across Nigeria. Its corporate head office is located in Lagos.