Ratings agency AM Best International has affirmed the financial strength rating A- and the issuer credit rating of “a-” of Bahrain Kuwait Insurance Company (BKIC), with stable outlook for both ratings. In a statement, AM Best said
An A- rating from AM Best and Standard & Poor’s has enabled Trust Re to get business that would have been unavailable otherwise, according to the Bahrain-based reinsurance firm’s risk committee chairman Derek Atkins.
The Middle Eastern insurance market is already well served by three hubs, and A.M. Best, a provider of news, credit ratings and financial data products and services for the insurance industry, expects the establishment of another in the UAE woul
Bahrain has maintained its position as a key insurance hub and continues to post growth in its insurance market despite a prolonged period of political turbulence, said a new report.
Prior to the social unrest, Bahrain’s ins
Leading international ratings agency, AM Best Company, has opened a new office at the Dubai International Finance Centre (DIFC).
The new office, located in Tower two, Currency House, DIFC, will operate as AM Best Mena, South & Central
AM Best, a leading insurance and credit ratings firm, has obtained approvals to establish an office within the Dubai International Financial Centre (DIFC) in Dubai.
The new office will operate as AM Best Mena, South & Central Asia, ser
AM Best, one of the oldest and most authoritative insurance rating and information source, said it has won approval from Dubai International Financial Centre to open its office in the emirate.
The new office will operate as AM Best Mena, S
Bahrain Kuwait Insurance Company (BKIC), a leading national insurance company with operations in both Bahrain and Kuwait, has been assigned a financial strength rating of A- by rating agency AM Best.
AM Best said the rating reflects BKIC's
The insurance market in the Gulf Cooperation Council (GCC) has demonstrated a degree of resilience and is well placed to grow, a new report said.
Although the region has seen a slowdown reflecting in part reduced infrastructure spend
Orient, Al-Futtaim’s market leading insurance company, has been assigned a financial strength rating of “A” (Excellent) and an issuer credit rating of “a” by A.M. Best Company. The outlook for both ratings is stable.
The ratings reflect Or