Fitch assigns Gulf Union Alahlia 'BBB+' rating; outlook ‘Stable’

04/07/2024 Argaam
Logo ofGulf Union Alahlia Cooperative Insurance Co.

Logo of Gulf Union Alahlia Cooperative Insurance Co.

Fitch Ratings assigned Gulf Union Alahlia Cooperative Insurance Co. an Insurer Financial Strength (IFS) rating of “BBB+” and a National IFS rating of “AA-(sau)”, with “Stable” outlook for both ratings, the insurer said in a Tadawul statement today, July 4.

 

The ratings reflect the insurer's strong capitalization, improved financial performance, and good profile, the company added.

 

For more news on listed companies

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.