S&P Upgrades Freedom Holding Subsidiary Freedom Finance Insurance to 'BB'
PUBT · 1d ago
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- S&P upgraded Freedom Holding subsidiary Freedom Finance Insurance’s long-term issuer credit and financial strength ratings to 'BB' from 'BB-'; outlook stable.
- The insurer’s Kazakhstan national-scale rating rose to 'kzA+' from 'kzA-', reflecting stronger market positioning, operating performance and capital.
- Freedom Finance Insurance ranks third in Kazakhstan’s non-life insurance market, up from 11th in 2022, with a 9.7% market share.
- Capital reached KZT 52 billion in 2026, up from KZT 35 billion in 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freedom Holding Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611110825PRIMZONEFULLFEED9875389) on November 11, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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