Mubasher: Arabian Insurance Group (ARIG) on Wednesday revealed that Ratings agency A.M. Best affirmed the company's rating at “A-” with a stable outlook.
This rating stresses the company’s strong financial status, suitable operational performance, and moderate portfolio, A.M. Best stated.
The Dubai- and Bahrain-listed company reported a 20.5% year-on-year increase in the return on equity (ROE) to $4.1 million in the first nine months of 2017.