Moody’s Ratings affirms Group’s Insurance Financial Strength Rating at ‘A2’ with Stable Outlook.
Moody’s Ratings has affirmed the Group’s Insurance Financial Strength Rating (IFSR) at ‘A2’ with a Stable Outlook. The rating affirmation reflects the Group’s leading position in the MENA region with improved business profile, robust earnings, and assets diversification as well as its well-established brand recognition. Moody’s also considers GIG’s risk management and governance as its key credit strength along with its comfortable capital adequacy position.
