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AM Best Modify the Credit Rating of Qatar General

18 March 2020

Qatar General Insurance and Reinsurance Company Q.P.S.C. announces that “AM Best” issued its revised ratings results to the Financial Strength Rating (FSR) to B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” while adjusted the outlook of FSR to become stable from negative and keeping the outlook for the (Long-Term ICR) unchanged. “AM Best” assured the strength of the company’s balance sheet, as well as its strong operating performance, and appropriate enterprise risk management

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