Life Insurance Company "Standard Life" says Fitch Ratings affirmed financial stability rating of the company at "B", outlook "Stable"

/KASE, January 21, 2021/ – Life Insurance Company "Standard Life" (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE that "on January 13, 2021, Fitch Ratings affirmed the financial stability rating of the insurer ("FSR") of Life Insurance Company "Standard Life" JSC, Kazakhstan, at "B". Fitch downgraded the FSR of the company on the national scale from "BBB- (kaz)" to BB+ (kaz)". The outlook on the ratings is "Stable". [2021-01-21]