NSIA Insurance Company Limited

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NSIA Insurance Company Limited
  • NSIA Insurance Company Limited
  • Year : Oct 2020
3 Tokens
USD 300.00

NSIA Insurance Company Limited’s rating reflects a very strong financial profile along with demonstrated support from the parent company, NSIA Participations S.A. Offsetting these rating strengths is a very limited business position, given the relatively small size of the insurer in the context of the Ghanaian short-term insurance industry.

Additional Information

The Stable Outlook reflects expectations of sustained financial profile strength, while considering the potential for earnings weakness to persist, with underwriting performance forecast to remain in the negative territory over the outlook horizon. The return on revenue is likely to moderate and remain volatile given expectations of interest rate cuts in response to the COVID-19 pandemic.

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