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Sovereign Trust Insurance Plc Maintains A- Rating With GCR

For over a decade now, Sovereign Trust Insurance Plc has consistently maintained a confident A- rating with the international rating agency, Global Credit Rating, based in South Africa. The Rating Agency’s recent solvency and operational report for financial institutions in Nigeria and other allied businesses released in December 2020 affirmed that Sovereign Trust Insurance Plc has great potentials for growth in the years ahead considering some of the strategies that have been put in place to propel its operations. Global Credit Rating noted that the Company has shown a great deal of consistency in her claims-paying obligations to her numerous customers spread all over the country.

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