Sunday 09, September 2018 by Jessica Combes

Bahrain’s Arab Insurance Group receives ratings downgrade

A.M. Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “a-” of Arab Insurance Group (B.S.C.) (Arig) (Bahrain).

 

The outlook of the Long-Term ICR has been revised to negative from stable. The outlook of the FSR remains stable.

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