MANAMA: AM Best Europe Rating Services has affirmed the financial strength rating A- (excellent) and the long-term issuer credit rating of a- (excellent) of Bahrain Kuwait Insurance Company (gig-Bahrain) and its subsidiary Takaful International Company (gig-Bahrain Takaful), and the outlook for both ratings is stable.
According to the agency, the ratings reflect both companies’ balance sheet strength, which it assesses as “very strong”, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management .
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