April 29, 2024
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Hannover ReTakaful outlook revised

Standard & Poor's Ratings Services has said that it has revised its outlook on Hannover ReTakaful B.S.C (HRT) to negative from stable with an ‘A+’ rating. The outlook revision follows a significant deterioration of HRT's capital adequacy, due to strong premium growth and continuing weak underwriting performance in 2014. The assessment of HRT's financial risk […]
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