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

11/01/2023 Argaam
Logo ofAl Rajhi Company for Cooperative Insurance

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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