AM Best has confirmed the B + (good) financial strength rating and the "bbb-" long-term issuer credit rating of Arab Reinsurance Company (Arab Re). The outlook has been revised from "stable" to "negative".
These ratings reflect the strength of the Beirut-based Arab reinsurer's balance sheet. Arab Re has a long history as a reinsurer in the Middle East and North Africa. The company maintains strong and lasting relationships with its ceding companies. It benefits from a legal cession in all the countries of the zone.
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