Rating Rationale:

Alpha Credit Rating PLC (AlphaRating), vide credit rating Agreement No: 16154, assigns long term rating "AA" (Pronounced as 'Double A) and short term rating "ST-1" in favor of Chartered Life Insurance PLC (herein after referred as 'CLIPLC or the company'). The rating is based on the audited financial statement from FY 2023 to FY 2025 and other qualitative information. While assigning the rating. AlphaRating has considered both favorable and unfavorable movement in overall performance of the company.