News Middle East15 Oct 2020

Lebanon:Insurer's operations insulated largely from economic and political risks

| 15 Oct 2020

The credit fundamentals of Al Ittihad Al Watani (L'Union Nationale) Societe Generale D'Assurances du Proche Orient (Al Ittihad) will remain largely insulated from the heightened risk in the economic, political and financial system of Lebanon, where the company is domiciled and holds some assets, given that the majority of its operations and investments are located in the UAE, says AM Best.

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