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.

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Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,981.50 0.01 1,195,985,996
Dubai 5,753.27 0.09 442,438,989
Saudi 11,244.45 1.03 5,625,805,139
Kuwait 9,112.74 0.32 49,167,190
Qatar 10,759.49 0.56 373,411,006
Muscat 4,549.98 0.56 12,484,052
Bahrain 1,946.89 0.17 1,069,422
Egypt 32,820.49 0.35 1,928,627,136
Amman 2,818.31 0.38 12,436,978
Palestine 592.77 0.78 1,003,193

Commodities

Name Last update Closing Price Change %
Brent Jul-04 68.30 0.73
Natural Gas Jul-04 3.39 0.65
Gold Jul-04 3,346.50 0.11
Silver Jul-04 37.14 0.15
Platinum Jul-04 1,407.10 1.81
Nymex Light Jul-04 66.50 0.75

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 44,565.75 44,828.53 0.77
Nasdaq 20,497.66 20,601.10 1.02
S&P 500 6,246.46 6,279.35 0.83
Name Opening price Closing Price Change%
Frankfurt 23,833.14 23,787.45 0.61
Paris 7,713.54 7,696.27 0.75
London 8,823.20 8,822.90 0
Stockholm 965.69 964.40 0.48
Switzerland 11,942.53 11,972.41 0.05
Name Opening price Closing Price Change%
Shanghai 3,459.59 3,472.32 0.32
Hong Kong 23,900.69 23,916.06 0.64
Jakarta 6,893.22 6,865.19 0.19
Tokyo 39,994.64 39,810.88 0.06

Currency

Name Rate Last update
EURO/USD 1.178 Jul-04
GBP/USD 1.365 Jul-04
USD/JPY 144.472 Jul-04
USD/CHF 0.794 Jul-04