Qatar Exchange | Qatar General Insurance and Reinsurance Co. | AM BEST MODIFY THE CREDIT RATING OF QATAR GENERAL INSURANCE & REINSURANCE

 

Qatar General Insurance and Reinsurance Company announces that “AM Best” issued its revised ratings results to the Financial Strength Rating (FSR) to B%2B (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb ” while adjusted the outlook of FSR to become stable from negative and keeping the outlook for the (Long-Term ICR) unchanged.

“AM Best” assured the strength of the company's balance sheet, as well as its strong operating performance, and appropriate enterprise risk management.

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,761.93 0.34 679,884,589
Dubai 5,837.77 0.33 368,655,992
Saudi 11,350.95 0.71 2,122,266,327
Kuwait 9,371.24 0.77 37,662,287
Qatar 11,356.75 0.31 242,969,194
Muscat 6,248.05 0.85 23,375,153
Bahrain 2,049.13 0.12 730,806
Egypt 47,683.17 0.37 527,619,966
Amman 4,167.62 0.37 11,073,874
Palestine 631.65 0.47 140,765

Commodities

Name Last update Closing Price Change %
Brent Oct-12 106.96 2.25
Natural Gas Oct-12 3.14 2.49
Gold Oct-12 4,167.18 0.69
Silver Oct-12 60.46 0.68
Platinum Oct-12 1,693.00 0.02
Nymex Light Oct-12 93.83 2.23

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 51,765.35 51,872.44 0.42
Nasdaq 27,352.51 27,273.41 0.34
S&P 500 7,813.04 7,806.67 0.06
Name Opening price Closing Price Change%
Frankfurt 25,206.95 25,288.67 0.8
Paris 7,826.73 7,831.78 0.36
London 10,551.55 10,634.86 0.78
Stockholm 1,127.39 1,126.34 0.38
Switzerland 13,847.40 13,878.36 0.66
Name Opening price Closing Price Change%
Shanghai 3,806.98 3,797.24 0.43
Hong Kong 24,434.93 24,271.20 0.25
Jakarta 6,109.32 5,936.15 2.59
Tokyo 68,648.50 69,030.92 0.02

Currency

Name Rate Last update
EURO/USD 1.118 Oct-12
GBP/USD 1.323 Oct-12
USD/JPY 158.635 Oct-12
USD/CHF 0.833 Oct-12