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A.M. Best Assigns Ratings to Saudi Arabian Insurance Company B.S.C. (C)

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LONDON--(BUSINESS WIRE)--A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Saudi Arabian Insurance Company B.S.C. (C) (Damana) (Bahrain). The outlook assigned to both ratings is stable. The ratings reflect the company’s strong business profile, excellent risk-adjusted capitalisation and track record of robust operating performance. Offsetting rating factors are the company’s low, but improving, level of premium retention and high investm

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