A.M. Best Revises Outlooks to Stable for Al-Sagr National Insurance Company P.S.C.

LONDON–(BUSINESS WIRE)–A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” for Al-Sagr National Insurance Company P.S.C. (ASNIC) (United Arab Emirates). The revised outlooks reflect alleviated pressure on ASNIC applied by its parent, Gulf General Investment Co. (P.S.C.) (GGICO), an investment company based in the United Arab Emirates (UAE). The Credit Ratings (ratings) also factor i