Financial Strength & Solvency

Provident Insurance Corporation Limited has a Financial Strength Rating of B (Fair) as accorded by the international rating agency A.M. Best Company.

The rating scale is:

Rating	Explanation
A++, A+	Superior
A, A-	Excellent
B++, B+	Good
B, B-	Fair
C++, C+	Marginal
C, C-	Weak
D	Poor
E	Under Regulatory Supervision
F	In Liquidation
S	Suspended

Ratings from A to C also may be enhanced with a "++" (double plus), "+" (plus) or "-" (minus) to indicate whether credit quality is near the top or bottom of a category.

Solvency Standard for Non-Life Insurance Business

Provident Insurance Corporation Limited solvency capital for Non-Life Insurance as at 31 March 2021 was:

Actual Solvency Capital	$12.312m
Minimum Solvency Capital	$ 6.627m
Solvency Margin	$ 5.685m
Solvency Ratio	186%

Financial Strength & Solvency

Solvency Standard for Non-Life Insurance Business

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