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Pefindo assigned a rating of “idBBB” to PT Asuransi Sahabat Artha Pr
JAKARTA – PT Pemeringkat Efek Indonesia (Pefindo) assigned a rating of “idBBB” to PT Asuransi Sahabat Artha Proteksi (Sahabat Insurance). The outlook for the corporate rating is “stable”.
Through its official statement, Pefindo explained that the rating reflects an above average capitalization profile, adequate liquidity, and moderate asset quality. However, the ratings are constrained by its moderate operating performance, concentrated business profile, and intense competition in the general insurance industry.
Source:
https://mediaasuransinews.co.id/market/sahabat-insurance-diganjar-peringkat-idbbb-outlook-stabil/
https://keuangan.kontan.co.id/news/pefindo-berikan-peringkat-idbbb-untuk-sahabat-insurance