LASACO Assurance Plc has maintained the A (NG) performance rating in the latest GCR rating.
The company in a statement said it hit the “stable outlook” standard in the last performance assessment of the world-acclaimed rating agency, maintained the feat through professional discipline, customer relations, prompt claims payment, and innovation.
The rating signifies Lasaco’s robust financial strength, competitive position, and improved financial profile, the company said.
“The rating placed the company at the top echelon of the claim underwriting business in the country as it reflects the company’s effective management of its financial resources and competitive professional muscle.
“The feat also reinforced the company’s creativity and commitment to long-term growth and sustainability, providing reassurance to investors, stakeholders, and customers.
“Lasaco Assurance has effectively managed its financial resources and demonstrated a strong competitive stance that has made it a force to reckon with in the industry.
“The company has also prioritized its claims settlement to customers and made significant progress in enhancing its financial performance.’’
