Moody’s Assigns First-Time Insurance Financial Strength Ratings to Freedom Insurance and Freedom Life
Moody's Ratings has assigned insurance financial strength ratings to two subsidiaries of Freedom Holding Corp. for the first time. Freedom Insurance received a Ba1 rating, while Freedom Life received a Baa3 rating, making it the first company within the corporation to achieve an investment-grade rating. The Baa3 rating highlights Freedom Life's strong asset quality, capitalization, and profitability, as well as its integration into the wider Freedom Holding Corp. ecosystem.
The company's shared brand, cross-selling opportunities, and Freedom SuperApp, which has surpassed 5 million registered users, support its market position. Freedom Holding Corp. operates in 24 countries, with its principal executive office in New York City.
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