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Press release content from Business Wire. The AP news staff was not involved in its creation. AM Best Affirms Credit Ratings of First Insurance Company February 8, 2021 GMT LONDON (BUSINESS WIRE) Feb 8, 2021 AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of First Insurance Company (Solidarity First Insurance Company or SFIC) (Jordan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect SFIC’s balance sheet strength, which AM Best categorises as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also consider, in the form of lift, SFIC’s strategic importance to its parent company, Solidarity Group Holding BSC (c), a leading provider of Islamic insurance solutions in Bahrain and Jordan. ....
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