AM Best upgrades the rating of Solidarity Bahrain

AM Best has revised upward Solidarity Bahrain's Long-Term Issuer Credit Rating from "bbb" to "bbb+".

The Bahraini insurer has thus took advantage of its improving business profile following the acquisition, in 2016, of Al Ahlia Insurance. The rating agency has also confirmed the insurer's Financial Strength Rating of B++ (Good) with a stable outlook.