Walaa Obtains Credit Rating of ksaAAA from S&P

Walaa Cooperative Insurance Company announced on Wednesday that on 30/08/2022, Standard & Poor’s (S&P) credit rating agency assigned ‘ksaAAA’ Saudi national scale financial strength rating to Walaa. At the same time, affirmed ‘A-‘ long-term insurer financial strength rating and ‘gcAAA’ GCC regional scale financial strength rating on Walaa, with a ‘stable’ outlook on the global and national scale ratings.