Dubai – Mubasher: Dubai National Insurance and Reinsurance was assigned a ‘B++’ (Good) financial strength rating (FSR) and a long-term issuer credit rating of ‘bbb+’, with a ‘Positive’ outlook by AM Best.
The rating agency has noted the firm’s strong balance sheet, as well as its solid performance, limited business profile, and appropriate enterprise risk management, said a press release on Tuesday.
AM Best further commended Dubai Insurance on its ability to achieve consistent profitability thanks to its strong operating performance.
