Publisher: Maaal International Media Company
License: 465734
Walaa Cooperative Insurance Co. has announced on Monday that it has received an insurance Financial Strength Rating of “A-” and a National Insurance Financial Strength Rating of “AA+ (sau)” from Fitch Ratings, with a Stable Outlook for both.
The ratings reflect the company’s strong capital base and market position, Fitch noted, while also citing some variances in financial performance and returns over recent periods.