Publisher: Maaal International Media Company
License: 465734
Arabian Shield Cooperative Insurance Co. announced on Tuesday that it received notification on April 07, 2025, from Fitch Ratings, affirming its Insurance Financial Strength Rating (IFSR) of “A-” and its National Financial Strength Insurance Rating of “AA (SAU),” with a stable outlook for both ratings.
According to a statement published on Tadawul, these ratings reflect Arabian Shield’s strong overall financial position, which includes strong capitalisation. The Company has a strong capital buffer, enhancing its future growth prospects.
Fitch also noted Arabian Shield’s diversified product mix positively, as the company offers a variety of insurance products that help mitigate the risks it may be exposed to.