The Board Meeting of Silver Star Insurance Company held yesterday at Company’s Head Office, 5-Bank Square, Lahore, to consider the First Quarterly (Un-audited) Accounts for the period ended 31st March, 2013.As required by Clause xxvi of the Code of Corporate Governance, the close period to the announcement of the First Quarterly results for the period ended 31st March 2013 has been determined from 29th July 2013 to August 05, 2013 (both days inclusive). No Director, CEO or Executive shall, directly or indirectly deal in the shares of the company in any manner during the closed period. meanwhile Pakistan Credit Rating Agency Limited (PACRA) has upgraded the Insurer Financial Strength Rating of Silver Star Insurance Company Limited (SSICL) to ‘A-’ (A Minus) from BBB+ (Triple B Plus). The out look on the assigned rating is ‘Stable’.
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