A.M. Best Maintains Under Review With Negative Implications Status for Saudi Arabian Insurance Company B.S.C. (C)

LONDON–(BUSINESS WIRE)–A.M. Best has maintained the under review with negative implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Saudi Arabian Insurance Company B.S.C. (C) (Damana) (Bahrain). The under review with negative implications status has been extended pending further review of the company’s longer-term commercial strategy. On 13 April 2017, Damana’s Credit Ratings (ratings) were placed under review with negative