Qatar Exchange | Al Khaleej Takaful Insurance | Alkhaleej Takaful Insurance Company announces the upgrade of its credit rating

 

Alkhaleej Takaful Insurance announces that S&P Global Ratings upgraded its long-term issuer credit and insurer financial strength ratings for the company to A- from BBB+ (positive). The outlook is stable.This rating action is due to the company building a track record of strong operating performance consistently outperforming the market average in terms of underwriting results, in addition to the significant improvements in its risk profile by taking various derisking actions.

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