ICRA Nepal Upgrades Citizen Life Insurance Rating to BBB+
Wed, Sep 3, 2025 10:27 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has upgraded Citizen Life Insurance Company Limited’s issuer rating from [ICRANP-IR] BBB to [ICRANP-IR] BBB+, indicating a moderate degree of safety in meeting financial obligations and a moderate credit risk.
The rating reflects the company’s overall creditworthiness and is not linked to any specific debt instrument. In ICRA’s scale, a “+” or “–” denotes a notch above or below the main rating, with BBB+ one step higher and BBB- one step lower than BBB.
