Kathmandu. IME Life Insurance Company Limited has achieved a significant achievement in its Equity Rating. Care Rating Nepal has upgraded the company’s rating from CARE NP Triple B Plus to CARE NP A MINUS.
The upgrade is a testimony to the company’s strong financial position, effective risk management, improved business performance, commitment to good governance and continued trust among the insured and stakeholders. A minus rating indicates that the company has sufficient capacity to meet its financial obligations in a timely manner and has established itself as an even superior institution compared to the previous valuation.
The company management has stated that this upgrade is the result of the trust, support and commitment of all stakeholders and pledged to further strengthen customer service, corporate governance, innovation and long-term financial stability in the days ahead.
IME Life Insurance Limited is one of the leading life insurance companies in Nepal. The company has been providing various life insurance policies with the objective of ensuring financial security, savings and future for individuals and families through life insurance.
The company, which has been providing services through a nationwide branch, sub-branches and thousands of agents, has been expanding life insurance to various communities across the country. The company, supported by its customer-centric services, use of digital technology, responsible investment management and innovative insurance solutions, has made a mark for itself in the insurance sector of Nepal.
IME Life has been providing various social responsibility programs in the areas of health, education, financial literacy, community development and social upliftment. The company has been actively participating in various social campaigns aimed at bringing positive changes in the society.
Getting a CARE NP A minus rating is not only an achievement for the company but also an incentive to become more responsible for excellent service, higher professional standards and financial soundness. The company believes that the company will secure the future of the insured in the days to come and contribute to the development of insurance sector in Nepal.
