A.M. Best confirms Arab Re's rating

A.M. Best has confirmed Arab Re's "B+" financial soundness rating with stable outlook.

Sheikh Khaldoun Barakat

The rating agency has justified its decision by the strength of the company's balance sheet, its good operating performance, its adequate risk management policy and its risk-adjusted capitalization.

It should be remembered that the Pan-Arab reinsurer decided in 2015 and 2016 to consolidate its financial base. A choice adopted at the expense of a policy of dividend distribution to shareholders. At the end of 2016, the company's shareholder's equity amounted to 101.9 million USD.

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