Logo of Arabian Shield Cooperative Insurance Co.
Arabian Shield Cooperative Insurance Co. said Fitch Ratings affirmed on April 7 the company’s Insurer Financial Strength (IFS) Rating at "A-", and National IFS Rating at "AA(sau)" with Stable outlook.
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The ratings reflect Arabian Shield's overall financial health, which includes strong capitalization that positions it well for future growth, the company said in a statement to Tadawul.
Fitch also views Arabian Shield’s diversified product mix favorably, as it offers a variety of insurance products that help mitigate risk for the company.
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