Unitrust Insurance Upgraded to "A" Credit Rating by Agusto & Co in Nigeria
Unitrust Insurance has been awarded an upgraded credit rating of "A" (long term) and "A1" (short term) by Agusto & Co, Nigeria's foremost rating agency. The stable outlook signifies the company's financial strength, prudent risk management, and consistent operational performance.
Adedayo Arowojolu, the Managing Director and CEO of Unitrust Insurance, expressed satisfaction with the rating upgrade, highlighting the company's resilience, disciplined underwriting culture, and commitment to excellence. The upgrade reflects Unitrust's focus on delivering value to policyholders, strengthening corporate governance, and driving sustainable growth.
Established in 1981, Unitrust Insurance is a leading Nigerian general insurance company with a four-decade experience in underwriting non-life insurance businesses. The upgraded rating is valid until June 30, 2026, subject to periodic review by Agusto & Co.
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