StockMarketWire.com - Just Group's principal insurance subsidiary, Just Retirement Limited (JRL), has been given an insurer financial strength rating of A+ by Fitch.

In addition, both JRL and Just Group plc have achieved issuer default ratings of single A.

All three ratings have a stable outlook.

Group chief executive Rodney Cook said: "This ratings assessment is a significant milestone for our business, and further external validation of our attractive business model.

"JRL's rating is expected to strengthen its position in the defined benefit de-risking market.

"We will continue to focus on the execution of our strategy. Our commanding IP-driven pricing advantage and outstanding customer service ensure we are well positioned to deliver innovative solutions to our customers and policyholders.

"This will enable us to improve shareholder returns over time."


At 9:38am: [LON:JUST] Just Group Plc Ord 10p share price was +6.3p at 153.1p



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