AM Best has downgraded the Long-Term Issuer Credit Rating to“ bb” from“ bb+” and affirmed the Financial Strength Rating of B of Al-Sagr National Insurance Company P.S.C.. The outlook of these Credit Ratings has been revised to negative from stable. The Long-Term ICR downgrade reflects the ongoing erosion of ASNIC’ s capital base following an AED 39.2 million net.
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb" (Good) of Misr Life Insurance Company (MLIC) (Egypt). The outlook of
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Misr Life Insurance Company. MLIC is the life insurance subsidiary of Misr Insurance Holding Company. Despite the company’ s relatively conservative investment allocation by asset class, AM Best considers the quality of MLIC’ s assets to be weak given the.
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "bb" (Fair) from "bb+" (Fair) and affirmed the Financial Strength Rating of B (Fair) of Al-Sagr National Insurance Company
AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of "bb" (Fair) of National Insurance Company (NIC) (Jordan). The outlook of these Credit Ratings