Wala'a Annouces That AM Best Europe Affirms The FSR Of B++ Wala'a

10/11/2013 09:13 AST

Wala'a is pleased to announce that AM Best Europe Rating Services has affirmed the financial strength rating (FSR) of B++ (Good) and issuer credit rating of bbb issued to Saudi United Cooperative Insurance Co., Saudi Arabia. The outlook assigned to both ratings is stable. The ratings reflect the company's adequate level of risk-adjusted capitalization, stable underwriting performance and developing local profile.


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A.M. Best Affirms Ratings of Saudi United Cooperative Insurance Co.

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A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of B++ (Good) and issuer credit rating of "bbb" of Saudi United Cooperative Insurance Company (Wala'a) (Saudi Ara

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