AM Best affirms Kuwait Insurance’s rating ‘A-’
Monday, 02 10 2020, Category: Rating, Country: Kuwait
The US-based credit rating agency AM Best has affirmed the financial strength rating and long-term issuer credit rating of Kuwait Insurance Company at ‘A-’, with a 'Stable' outlook.
The ratings reflect the insurance company’s robust financial position and its ability to fulfill financial commitments, according to a bourse statement on Sunday.
Moreover, the ratings highlight the firm's solid budget, exceptional operational performance, and effective risk management.