News Middle East12 Dec 2021

Strong balance sheet and operating performance helps Saudi Re to maintain 'AA+' IFSR

| 12 Dec 2021

Saudi Re's increasing market share in the current year, strong brand strength and competitive advantages in the domestic market, as well as diversified operations with an increasing presence in its target markets, have resulted in SIMAH Rating Agency (Tassnief) affirming the reinsurer's Insurance Financial Strength Rating (IFSR) at "AA+" with a 'Stable' outlook.

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