Linkage Assurance gets top rating
Linkage Assurance Plc has been assigned a long-term issuer credit rating of ‘B+’ by AM Best, a globally recognised credit rating agency. The outlook attached to both the credit rating and the issuer credit profile is stable.
According to AM Best, the rating reflects Linkage Assurance’s strong balance sheet strength, adequate operating performance, favourable business profile, and effective enterprise risk management framework.
According to a statement on Wednesday, with this development, Linkage Assurance joins a select group of Nigerian insurance companies evaluated by AM Best, reinforcing its position as a significant player in the country’s insurance sector.
The company, which is listed on the Nigerian Exchange Group, operates 14 branches across Nigeria and has its corporate head office at Plot 20, Block 94, Providence Street, off Adewunmi Adebimpe Street, Lekki Phase 1, Lagos State.
The PUNCH reported that Linkage Assurance Plc has introduced an enhanced third-party motor insurance package, which offers additional protection beyond the traditional third-party coverage.
