OREANDA-NEWS. A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Jubilee General Insurance Company Limited (Jubilee) (Pakistan). The outlook for each rating remains stable.

The ratings reflect Jubilee’s solid risk-adjusted capitalisation, track record of good operating performance and well-established business profile in Pakistan. An offsetting rating factor is the elevated economic and political risks associated with operating in Pakistan.