May 8, 2024
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Damana gets stable ratings

A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Saudi Arabian Insurance Company B.S.C. (C) (Damana). The outlook assigned to both ratings is stable. Damana has a relatively low overall premium retention level of 16.8 percent, driven by the company taking a relatively small share of […]
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