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A.M. Best Revises Outlook to Positive and Affirms Ratings of Emirates Retakaful Limited

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LONDON--(BUSINESS WIRE)--A.M. Best has revised the outlook to positive from stable and affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Emirates Retakaful Limited (ERL) (United Arab Emirates). The revised outlook reflects reflect ERL’s improving track record of technical earnings during a challenging market environment, when rates have been softening in its core markets. The ratings also factor in its strong risk-adjusted capitalisation, diversified

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