Al Rajhi Takaful says Moody’s maintains A3 IFSR, stable outlook

11/01/2023 Argaam

Al Rajhi Takaful says Moody’s maintain A3 IFSR, stable outlook

Logo of Al Rajhi Company for Cooperative Insurance

Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) announced that Moody’s Investor Service, on Jan. 10, affirmed an “A3” insurance financial strength rating (IFSR) with a stable outlook. 

  

The credit rating reflected the insurer’s strong market position and brand as the third-largest player in the Saudi insurance market, according to a statement to Tadawul today, Jan. 11. 

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