A.M. Best Assigns Rating to Doha Insurance Co. Q.S.C.
August 26, 2014
His Excellency the chairman sh.Nawaf Bin Nasser Bin Khalid Al- Thani announced today that A.M. Best Rating Services Limited has assigned on August 26th 2014 a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Doha Insurance Company Q.S.C. (DIC). The outlook assigned to both ratings is stable.
His Excellency added that this new rating achieved reflects DIC’s robust risk-adjusted capitalization, good operating performance and strong position within the Qatari insurance market.
His Excellency also added that A.M. Best Rating Services Limited is an international rating agency dedicated to the insurance industry.
His Excellency also noted that Standard & Poor’s Rating Services announced recently that it had raised DIC’s rating to A- with stable outlook.