Magazine date:
Apr 2023 
AM Best has assigned an "A-" (Excellent) financial strength and "a-" long-term credit rating to Damaan Islamic Insurance Company (Beema). The outlook is stable.
The rating reflects the insurer's position as the second largest player in the Qatari takaful insurance market [4]. In 2022, Beema has recorded a turnover of 393 million QAR (108.5 million USD).
AM Best's decision is also based on the company's strong operational performance, illustrated by an average combined ratio of 80.5% over five years (2018-2022).