The rating signifies very high capacity to meet policy-holder and contract obligations. Risk is considered modest but may vary slightly over time due to business /economic conditions. Outlook on the assigned rating is stable. The previous rating action was announced on
The rating assigned to JGI takes into account JGI's market positioning as the third largest private sector insurance company in
JGI's rating also takes into account JGI's reinsurance panel, which constitutes counterparties with sound credit quality (as reflected by their IFS ratings) and modest internal retention.
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