A.M. Best Rates Qatar Islamic Insurance Financial Strength at B++ and Long-Term Issuer Credit Rating at BBB+ with Stable Outlook

March 31, 2019

A.M. Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of BBB+ of Qatar Islamic Insurance Company Q.S.C. (QIIC). The outlook of these Credit Ratings is stable.

The ratings reflect QIIC’s balance sheet strength, which A.M. Best categorizes as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM).