Moody’s Assigns First-Time Insurance Financial Strength Ratings to Freedom Insurance and Freedom Life

September 4, 2026 - 21:37

NEW YORK, Sept. 04, 2026 (GLOBE NEWSWIRE) -- Moody's Ratings has assigned initial insurance financial strength ratings to two insurance units owned by Freedom Holding Corp. The action marks the first time the rating agency has evaluated these specific subsidiaries.

Freedom Finance Insurance JSC, which operates under the brand name Freedom Insurance, has been assigned a Ba1 rating for both local and foreign currency insurance financial strength. In a separate decision, Freedom Life JSC received a Baa3 rating. The outlook on both entities is stable.

The Baa3 rating assigned to Freedom Life represents a notable milestone for the parent company, as it is the highest rating achieved by any entity within the Freedom Holding Corp. group to date. The assessments reflect the financial profile of each company, including their capital positions, business franchises, and the regulatory environment in which they operate.

Moody's noted that the ratings consider the strategic importance of the insurance operations to the broader holding company structure. The stable outlooks suggest that the rating agency does not anticipate significant changes to the companies' credit fundamentals over the medium term. The evaluations provide a new benchmark for the financial strength and creditworthiness of these two insurance providers in their respective markets.