AM Best confirms GIG Jordan's rating

GIG JordanAM Best has affirmed GIG Jordan's "B++" (good) financial strength and "bbb+" long-term credit ratings. The outlook for both ratings is stable.

The rating agency based its decision on the company's strong balance sheet, adequate operating performance, neutral business profile and appropriate enterprise risk management.

The rating also reflects GIG Jordan's strategic importance to its parent organization Gulf Insurance Group (GIG).

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