Al Dhafra Insurance Company: AM Best Rating

Al Dhafra Insurance CompanyAM Best has assigned Al Dhafra Insurance Company a financial strength rating of "B++" (good) and a long-term issuer credit rating of "bbb+". The outlook for these two ratings is stable.

The rating reflects the strength of the company's balance sheet, its good operating performance and its appropriate business risk management. The strength of the balance sheet is marked by a high level of risk-adjusted capitalization.

The average combined ratio of 2010-2019 is set at 89%, the return on equity (ROE) was established at 11%.

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