Sunday, 5th April 2026
Khabor Wala Desk
Published: 12th December 2025, 1:59 AM
Popular Life Insurance PLC, a leading insurer listed on the Dhaka Stock Exchange, has achieved the highest possible credit rating in its latest assessment for the current year. The company has been awarded a long-term rating of ‘AAA’ and a short-term rating of ‘ST-1’ by National Credit Ratings Limited (NCR)—a verdict that underscores its robust financial fundamentals, excellent risk management, and strong capacity to meet obligations.
NCR determined the ratings after evaluating Popular Life Insurance’s audited financial report for the year ending 31 December 2024. The assessment revealed that the insurer continues to demonstrate resilience across key operational areas, including:
Revenue generation and growth consistency
Asset management efficiency
Comprehensive risk mitigation strategies
Overall financial stability and solvency
These results reaffirm the company’s ability to preserve financial discipline and maintain a strong market presence amid a challenging economic environment.
A long-term ‘AAA’ rating indicates a stable future outlook, signalling the lowest level of credit risk. It suggests that the institution is exceptionally capable of meeting its long-term financial commitments.
The short-term ‘ST-1’ rating reflects excellent capacity to repay obligations in the near term, highlighting the company’s liquidity strength and operational soundness.
The announcement was confirmed through a press release issued on Thursday, signed by Alamgir Firoz, Deputy General Manager of the Public Relations Department of Popular Life Insurance.
According to the statement, this achievement will further enhance stakeholder confidence, including that of customers, investors, policyholders, and business partners.
High-grade credit ratings generally indicate:
Strong financial stability
Lower operational and investment risk
Greater business sustainability in the long run
Enhanced reputation in the financial and insurance markets
Such ratings often translate into increased investor interest and a more favourable environment for future expansion, strategic investments, and market competitiveness.
| Category | Rating | Implication |
|---|---|---|
| Long-term Credit Rating | AAA | Excellent financial strength, stable outlook |
| Short-term Credit Rating | ST-1 | Very strong liquidity and repayment capacity |
| Basis of Evaluation | 2024 Audited Financials | Revenue, asset management, risk mitigation |
With this latest recognition, Popular Life Insurance PLC reinforces its position as one of Bangladesh’s most stable and trustworthy insurance institutions—well-prepared for sustainable growth in the years to come.
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