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ICICI Lombard General Insurance Company receives reaffirmation in LT issuer rating

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Capital Market

From ICRA

ICICI Lombard General Insurance Company announced that ICRA vide its letter dated 23 August 2021 has reaffirmed the long-term Issuer Rating of [ICRA] AAA to the Company. The outlook on the long-term rating is Stable.

Further, here is no amount outstanding against Rs. 485 crore subordinated debt programme (rated instrument), the rating outstanding of [ICRA]AAA (pronounced as ICRA triple A), with stable outlook, stands reaffirmed and withdrawn as desired by the company.

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First Published: Aug 24 2021 | 10:31 AM IST

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