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S & P Global Raises Al Khaleej Takaful Group
Credit Ratings to BBB with Stable Outlook
February 27,
2017
Al Khaleej Takaful Group
announced that
Standard & Poor’s Ratings Services (S&P Global)
has upgraded its credit rating from “BBB” to “BBB+” with stable
outlook.
This upgrade comes after a strong improvement in the
operating performance of the Group as well as technical
profitability during the past two years. Also as a result of the
positive changes in underwriting and claims procedures.
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