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AM BEST REAFFIRMS THE CREDIT RATING OF QATAR GENERAL INSURANCE & REINSURANCE Co. Q.P.S.C.

10 February 2019

AM Best reaffirmed the “A-“(Excellent) Financial Strength Rating and “a-“ Long-Term Issuer Credit Rating of Qatar General Insurance and Reinsurance Company Q.P.S.C with a stable outlook.  This reflects QGIRC’s very strong balance sheet, as well as strong operating performance and appropriate enterprise risk management. The rating assessment recognizes QGIRC’s highest level of risk-adjusted capitalization which is enhanced by high levels of liquidity, low premium leverage and a largely well-rated reinsurance panel.

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