LIC "Freedom Life" says Moody's Ratings assigned ratings to the company; outlook "Stable"
/KASE, September 9, 2026/ – LIC "Freedom Life" JSC (KASE ticker – ASLF) reported the following:
quote
On September 4, 2026, the international rating agency Moody's Ratings assigned Insurance Financial Strength Ratings (IFSRs) of Baa3 in national and foreign currencies to the Company.
The rating outlook is "Stable".
According to Moody's Ratings, the assigned ratings reflect:
- the Company's strong market position in Kazakhstan's life insurance market;
- third place by gross written premiums at the end of 2025 and a market share of about 20%;
- high asset quality and a significant share of investment-grade debt instruments;
- high level of capital adequacy;
- strong profitability indicators;
- the Company's strong liquidity position.
unquote
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[2026-09-09]