Standard and Poor’s affirmes BBB+ rating of Saudi Re

01/05/2012 Argaam

“Standard and Poor’s ratings services affirmed BBB+ solvency rating to Saudi Reinsurance company (Saudi Re) with a stable outlook” said a statement on tadawul today.

“The rating reflects the company’s financial strength and the strong competitive position in the local and regional market” as explained by Saudi Re on tadawul.

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