A.M. Best Affirms Credit Ratings of ARABIA Insurance Company – Jordan

LONDON–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of ARABIA Insurance Company – Jordan (AIC-J) (Jordan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect the company’s adequate level of risk-adjusted capitalisation and track record of operating profits. Offsetting rating factors include the company’s modest business profile, weak underwriting performance and concentrated exposur