Logo of the Company for Cooperative Insurance (Tawuniya)
SP Global Ratings maintained the credit rating for The Company for Cooperative Insurance (Tawuniya) at (A), with Stable outlook, the insurer said in a statement to Tadawul. 
Tawuniya emphasized that this classification is one of the key indicators that underscore the strength of the company’s financial position, risk management, governance, efficiency of the company’s management, and others.
The agency has a stable outlook for Tawuniya due to its expectations that the company will maintain its market-leading position, as well as robust CAR, supported by both its underwriting and investment activities over the next two years, the statement added.
Logo of the Company for Cooperative Insurance (Tawuniya)
SP Global Ratings maintained the credit rating for The Company for Cooperative Insurance (Tawuniya) at (A), with Stable outlook, the insurer said in a statement to Tadawul.
Tawuniya emphasized that this classification is one of the key indicators that underscore the strength of the company’s financial position, risk management, governance, efficiency of the company’s management, and others.
The agency has a stable outlook for Tawuniya due to its expectations that the company will maintain its market-leading position, as well as robust CAR, supported by both its underwriting and investment activities over the next two years, the statement added.
