‎AlJazira Takaful assigned ‘BBB+’ rating by Fitch, outlook ‘stable’

‎AlJazira Takaful assigned ‘BBB+’ rating by Fitch, outlook ‘stable’ ‎AlJazira Takaful assigned ‘BBB+’ rating by Fitch, outlook ‘stable’

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Logo ofAlJazira Takaful Taawuni Co.

AlJazira Takaful Taawuni Co. said it obtained an Insurer Financial Strength (IFS) rating of ‘BBB+’ and a National IFS rating of ‘AA- (sau)’ with a “stable” outlook from Fitch Ratings.

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In a statement to Tadawul, the company explained that the ratings reflect a very strong capitalization, resilient earnings, and its well-established life insurance franchise.

According to Argaam’s data, AlJazira Takaful, established in 2013, operates in the protection and savings, general insurance, and health insurance segments.

 

Logo ofAlJazira Takaful Taawuni Co.

AlJazira Takaful Taawuni Co. said it obtained an Insurer Financial Strength (IFS) rating of ‘BBB+’ and a National IFS rating of ‘AA- (sau)’ with a “stable” outlook from Fitch Ratings.

In a statement to Tadawul, the company explained that the ratings reflect a very strong capitalization, resilient earnings, and its well-established life insurance franchise.

According to Argaam’s data, AlJazira Takaful, established in 2013, operates in the protection and savings, general insurance, and health insurance segments.

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