A.M. Best affirms ratings of Watania
A.M. Best has affirmed the financial strength rating of B+ and the issuer credit rating of “bbb-” of National Takaful Company (Watania) PJSC. The outlook for both ratings remains stable. The ratings reflect Watania’s strong prospective risk-adjusted capitalisation and developing market profile. Offsetting rating factors include the weak underwriting performance of Watania's motor portfolio and the […]
