Moody’s assigns Baa2 rating to Malath

18/12/2019 Argaam

 

Moody’s Investors Service assigned a Baa2 insurance financial strength rating (IFSR) to Malath Cooperative Insurance Co., with stable outlook.

 

The rating reflects Malath’s good market position and brand, strong asset quality, and a good capital adequacy level, the insurer said in a statement.

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