Magazine date:
Apr 2021 
AM Best [4] upgrades Qatar Islamic Insurance Group's (QIIG) financial strength rating to 'A-' from 'B++'. The long-term credit rating was raised to "a-" from "bbb+".
The outlook for both ratings shifted from positive to stable.
The rating agency [5] justifies its decision by the strength of QIIG's balance sheet, its operational performance and its effective enterprise risk management.
In 2020, the Qatari insurer achieved a net profit of 76 million QAR (20.7 million USD). The return on equity was set at 13.6%.