Magazine date:
Dec 2023 
AM Best has confirmed the "B++" (good) financial strength and "bbb+" (good) long-term credit ratings of Arab War Risks Insurance Syndicate (AWRIS). The outlook remains stable.
This decision was motivated by several factors, including:
- a strong balance sheet, underpinned by a high level of risk-adjusted capitalization
- excellent operating performance, reflected in a five-year (2018-2022) combined ratio of 64.6%, and an average return on equity of 6.7% for the same period
- appropriate business risk management
- AWRIS's strong position as an underwriter of marine war risks in the MENA region
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