ICRA Nepal Removes NLG Insurance Rating from Negative Watch
Sun, Dec 14, 2025 12:21 PM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has removed the issuer rating of NLG Insurance Company Limited at [ICRANP-IR] A- from “Watch with Negative Implications.” The A- rating indicates that the company has an adequate level of safety in meeting its financial obligations and carries low credit risk.
ICRA clarified that the rating reflects the insurer’s overall creditworthiness and not any specific debt instrument, with plus and minus symbols used to show relative strength within the rating category.
