A.M. Best Affirms Ratings of Al-Sagr National Insurance Company P.S.C.

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LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Al-Sagr National Insurance Company P.S.C. (ASNIC) (United Arab Emirates). The outlook for both ratings remains stable. The ratings reflect ASNIC’s strong risk-adjusted capitalisation, stable operating performance and good business profile within the United Arab Emirates (UAE). Offsetting rating factors are the company’s exposure to volatile investments and leverag

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