Moody's confirms Chubb Arabia's rating
Moody's has confirmed Chubb Arabia Cooperative Insurance's "A3" financial strength rating with a stable outlook.
The rating reflects the company's good asset quality, supported by a conservative investment strategy.
The rating agency's decision is also justified by the Saudi insurer's strong profitability, demonstrated by a five-year average combined ratio of 78.2%.
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Wed, 11/10/2023 - 17:15
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