AM Best Adjusts Credit
Rating of Qatar General Insurance & Reinsurance Co
17 March 2020
Qatar General Insurance
and Reinsurance Company ‘QGI’ announced that AM Best Credit Rating
Agency has issued the results of its adjusted credit rating. The new
adjusted rating reflected the company’s financial strength at B+ ‘good’
and the long term credit rating at ‘bbb’. The AM Best rated the
company’s financial strength outlook to ‘stable’ instead of ‘negative’
with the company’s long term credit rating unchanged. The AM Best agency
assured the company’s balance sheet and the efficiency of the technical
performance in addition to appropriate management of institutional
risks.