Fitch Ratings Assigns the Company a ‘BB+’ Insurer Financial Strength Rating and a ‘BB’ Issuer Default Rating, with Stable Outlook
Kuwait – 13 May 2026
The Company is pleased to announce that it has been assigned a ‘BB+’ Insurer Financial Strength (IFS) Rating and a ‘BB’ Issuer Default Rating (IDR), both with a Stable Outlook, by the global credit rating agency Fitch Ratings.
The assignment of these ratings represents an important milestone in the Company’s journey and follows an independent assessment conducted by Fitch Ratings in accordance with its established rating methodology and criteria, including a review of relevant financial and operational factors.
This achievement underscores the Company’s continued focus on strengthening its financial and institutional performance, enhancing its governance and risk management frameworks, and maintaining a sustainable approach to its business and relationships with clients, partners, and other stakeholders.
Obtaining international credit ratings also represents an important step in enhancing transparency and credibility and supporting the Company’s presence within the insurance sector and its relationships with both local and international partners.
The Company remains committed to further strengthening its financial and operational capabilities and pursuing its strategic objectives, while continuing to deliver sustainable value to its clients, partners, and shareholders.
For further details, please refer to the official Fitch Ratings report:
https://www.fitchratings.com/site/pr/10355489
