Arabia insurance AM Best Rating


AM Best Affirms Credit Ratings of ARABIA Insurance Company


Despite the enormous challenges and difficulties the insurance industry and the region are currently facing, Arabia Insurance Company (AIC) is proud to announce and reconfirm its AM Best Financial Strength Rating of B++ (Good) and its Long-Term Issuer Credit Rating of “bbb”.


Maintaining this rating is the result of AIC strong balance sheet supported by solid organic capital generation in recent years, as well as its adequate operating performance, good geographical diversification of the Company’s assets and appropriate enterprise risk management as highlighted by AM Best.


In addition, AIC strategic shift along with the implementation of its revised underwriting approach have enabled the Company to enhance profitability whilst growing its top line despite massive challenges being faced in the market.


Such an accolade attributed by the world’s first and largest credit rating agency specialized in the insurance industry crowns and rewards all the hard work AIC underwent during the past years to achieve its objectives.


AIC promises all its customers, brokers and different stakeholders to be more determined, resilient and assertive in every future step being undertaken to further improve the positioning of the Company and to keep on enhancing its level of services.