ICRA Nepal Reaffirms BBB- Issuer Rating for Prabhu Mahalaxmi Life Insurance
Tue, May 12, 2026 10:19 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the issuer rating of Prabhu Mahalaxmi Life Insurance Limited at [ICRANP-IR] BBB-. This rating indicates a moderate degree of safety in meeting financial obligations on time.
The rating reflects the company’s general creditworthiness and is not linked to any specific debt instrument. Within the rating scale, the “BBB-” category is one notch lower than “BBB,” while “BBB+” is one notch higher, showing relative differences in credit strength within the same rating band.
