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Commerce · Q36

Insurance

Graduate and Post Graduate · Commerce · question 36

Q36

What is the CRISIL rating for New India Assurance Co Ltd located?

A.
AA/Stable
B.
AAA/Stable
Answer
C.
AA/Negative
D.
AAA/Negative

Answer: Option B

Solution

Answer: Option B
Solution:
AAA/Stable is the CRISIL rating for New India Assurance Co Ltd located. CRISIL has reaffirmed its 'AAA/Stable' rating on The New India Assurance Co Ltd (New India Assurance), indicating that the company has the highest degree of financial strength to honour its policyholders' obligations.