S&P affirms Walaa financial strength rating at 'A-', with ‘Stable’ outlook

26/01/2025 Argaam
Logo ofWalaa Cooperative Insurance Co.

Logo of Walaa Cooperative Insurance Co.


Standard & Poor's rating agency affirmed Walaa Cooperative Insurance Co.’s long-term insurer financial strength rating at 'A-', with a ‘Stable’ outlook.

 

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At the same time, it also affirmed the insurer’s 'gcAAA' long-term GCC regional scale financial strength rating and 'ksaAAA' long-term Saudi national scale financial strength rating.

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