LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of The Mediterranean & Gulf Insurance & Reinsurance Company (Medgulf) B.S.C. (c) (Bahrain) (Medgulf Bahrain) and The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (A Saudi Joint Stock Company) (Kingdom of Saudi Arabia) (Medgulf KSA). Concurrently, A.M. Best has affirmed the FSR of B++ (Good) and the ICR of “bbb+” of The M