A.M. Best Upgrades Issuer Credit Rating of National Life and General Insurance Company SAOG

LONDON–(BUSINESS WIRE)–A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating to B++ (Good) of National Life and General Insurance Company SAOG (NLGIC) (Oman). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect NLGIC’s balance sheet strength, which A.M. Best categorises as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise