{"id":38353,"date":"2025-09-29T06:39:51","date_gmt":"2025-09-29T06:39:51","guid":{"rendered":"https:\/\/theunitedinsurance.com\/blog\/?p=38353"},"modified":"2025-09-29T07:09:26","modified_gmt":"2025-09-29T07:09:26","slug":"vis-maintains-aa-rating-of-uic","status":"publish","type":"post","link":"https:\/\/theunitedinsurance.com\/blog\/vis-maintains-aa-rating-of-uic\/","title":{"rendered":"VIS Maintains AA+ Rating of UIC"},"content":{"rendered":"<p data-start=\"384\" data-end=\"987\"><strong>VIS Credit Rating Company Limited (VIS)<\/strong> has maintained <strong>Insurer Financial Strength (IFS)<\/strong> rating of<strong> \u2018AA+ (IFS)\u2019<\/strong> (Double A Plus IFS) of T<strong>he United Insurance Company of Pakistan Limited<\/strong> (UICPL or \u2018the Company\u2019). The IFS rating of \u2018AA+\u2019 denotes very strong capacity to meet policyholders and contract obligations. Risk factors are very low, and the impact of any adverse business and economic factors is expected to be very small. Outlook on the assigned rating has been changed from \u2018Rating Watch \u2013 Developing\u2019 to \u2018Stable\u2019. Previous rating action was announced on May 27, 2025.<\/p>\n<p data-start=\"989\" data-end=\"1429\">The rating assigned to UICPL reflects the sound business profile of the United International Group (UIG), which has diversified business interests across insurance, IT, dairy, and vehicle tracking. As the flagship entity of the group, UICPL maintains a strong competitive position among leading general insurers in Pakistan and continues to expand its takaful operations, which now contribute a meaningful share to overall gross premiums.<\/p>\n<p data-start=\"489\" data-end=\"753\"><strong>Applicable Rating Criteria: General Insurance:<\/strong> <a style=\"color: #0c1968 !important;\" href=\"https:\/\/docs.vis.com.pk\/docs\/GeneralInsurance-2023.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/docs.vis.com.pk\/docs\/GeneralInsurance-2023.pdf<\/a><\/p>\n<p data-start=\"489\" data-end=\"753\"><strong>VIS Issue\/Issuer Rating Scale : <\/strong><a style=\"color: #0c1968 !important;\" href=\"https:\/\/docs.vis.com.pk\/docs\/VISRatingScales.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/docs.vis.com.pk\/docs\/VISRatingScales.pdf<\/a><\/p>\n<p data-start=\"489\" data-end=\"753\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-38354\" src=\"https:\/\/theunitedinsurance.com\/blog\/wp-content\/uploads\/2025\/09\/PACRA-AA-Image.jpg\" alt=\"PACRA AA+\" width=\"747\" height=\"932\" srcset=\"https:\/\/theunitedinsurance.com\/blog\/wp-content\/uploads\/2025\/09\/PACRA-AA-Image.jpg 747w, https:\/\/theunitedinsurance.com\/blog\/wp-content\/uploads\/2025\/09\/PACRA-AA-Image-401x500.jpg 401w, https:\/\/theunitedinsurance.com\/blog\/wp-content\/uploads\/2025\/09\/PACRA-AA-Image-240x300.jpg 240w, https:\/\/theunitedinsurance.com\/blog\/wp-content\/uploads\/2025\/09\/PACRA-AA-Image-60x75.jpg 60w, https:\/\/theunitedinsurance.com\/blog\/wp-content\/uploads\/2025\/09\/PACRA-AA-Image-480x599.jpg 480w\" sizes=\"auto, (max-width:767px) 480px, 747px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIS Credit Rating Company Limited (VIS) has maintained Insurer Financial Strength (IFS) rating of \u2018AA+ (IFS)\u2019 (Double A Plus IFS) of The United Insurance Company of<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":2,"featured_media":38355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-38353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/38353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=38353"}],"version-history":[{"count":11,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/38353\/revisions"}],"predecessor-version":[{"id":38367,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/38353\/revisions\/38367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/media\/38355"}],"wp:attachment":[{"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=38353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=38353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theunitedinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=38353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}