S&P affirms BBB rating on Al Sagr Insurance

31/05/2017 Argaam

Standard & Poor’s (S&P) affirmed on May 24 Al Sagr Cooperative Insurance Co.’s BBB credit rating with a stable outlook, the insurer said in a statement to Tadawul on Tuesday.

 

S&P expects the insurer to maintain its strong solvency margin and competitive position over the next two years at least, the statement said.

 

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