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March 31, 2022
AM Best has commented that the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” of Mandal Daatgal JSC remain unchanged. This comment follows the recent uncertainty surrounding the credit profile of Mandal’ s major treaty and facultative reinsurers. Based on AM Best’ s exchange with Mandal’ s management, these reinsurers have a...
March 31, 2022
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Kuwait Insurance Company S.A.K.P.. The outlook of these Credit Ratings is stable. The ratings reflect KIC’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate...
March 31, 2022
Concurrently, AM Best has affirmed the Long-Term ICR of“ bbb” of the publicly traded holding company, Donegal Group Inc.. Although the individual members within Donegal Group play a specific role in the organization’ s overall business plan, and their operating performances vary, each contributes favorably to the group’ s risk-adjusted capitalization.
March 31, 2022
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of Kuwait Insurance Company S.A.K.P. (KIC) (Kuwait). The outlook of these
March 31, 2022
AM Best has placed under review with developing implications the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Noor Takaful Family PJSC. Concurrently, AM Best has withdrawn these Credit Ratings as the company has requested to no longer participate in AM Best’ s interactive rating process. The business combination with Dar Al...
March 31, 2022
AM Best has placed under review with developing implications the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb” of Noor Takaful General PJSC. Concurrently, AM Best has withdrawn these Credit Ratings as the company has requested to no longer participate in AM Best’ s interactive rating process. Whilst AM Best expects NTG’ s...
March 31, 2022
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to Axeria IARD (Axeria) (France). The outlook assigned to these Credit Ratings
March 31, 2022
AM Best has placed under review with negative implications the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of "bb+" (Fair) of National Takaful Company (Watania) PJSC
March 31, 2022
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of "bb+" (Fair) of Adamjee Insurance Company Limited (Adamjee) (Pakistan). The outlook of these
March 31, 2022
AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "bb" (Fair) of Noor Takaful Family