A.M. Best Affirms Credit Ratings of National Takaful Company (Watania) PJSC

LONDON–(BUSINESS WIRE)–A.M. Best has affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” of National Takaful Company (Watania) PJSC (Watania) (United Arab Emirates). The outlook of the FSR remains stable, while the outlook of the Long-Term ICR remains negative. The Credit Rating (rating) actions reflect Watania’s ability to implement its business strategy successfully during 2016, following a change in senior management, whi