Moody's confirms Saudi Re's rating
Moody's confirms the A3 financial strength rating of Saudi Re with a stable outlook.
The agency justified its decision by the reinsurer's strong position on the Saudi market as well as its presence on Lloyd's target markets in Asia and Africa.
The rating also reflects Saudi Re's financial flexibility, capital adequacy and conservative investment portfolio.
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Thu, 06/08/2020 - 14:38
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