AM Best confirms ratings of Orient Insurance PJSC and Orient Takaful Insurance Company (SAE)

Orient TakafulAM Best confirmed the financial strength rating of "A" (excellent) and long-term credit rating of "a+" of Orient Insurance, which is based in the United Arab Emirates with its subsidiary Orient Takaful Insurance Company Egypt (SAE).

The outlook for both ratings is stable. The rating reflects the financial strength of the insurer's balance sheet and its good operating performance.

The rating agency also acknowledges Orient Insurance's neutral business profile and its business risk management policy.

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