A.M. BEST EUROPE ASSIGNES THE FINANCIAL STRENGTH RATING OF B++ TO WALAA

02/10/2012 Tadawul

Walaa is pleased to announce that A.M. Best Europe Rating Services Limited has assigned the financial strength rating of B++ (Good) and issuer credit rating of bbb to Saudi United Cooperative Insurance Company (Walaa) (Saudi Arabia). The outlook assigned to both ratings is stable.
The ratings reflect the companys adequate level of risk-adjusted capitalisation, developing local business profile and improving operating performance 

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