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AM Best affirms Dubai Insurance’s FSR at ‘B++’

AM Best affirms Dubai Insurance’s FSR at ‘B++’
Dubai Insurance enjoys strong balance sheet
Dubai Insurance
DIN
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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.