AM Best affirms Takaful International’s rating (A-) as highest for Takaful Companies in Kingdom
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Takaful International Company announced that AM Best, the leading credit rating agency, has confirmed its rating of A- (excellent), the highest credit rating for Takaful companies in the Kingdom of Bahrain.
This rating reflects the company's strong financial position, efficient operational performance, and robust risk management systems. Takaful International is the first and only Takaful company in the Kingdom to be classified within the A- financial and credit rating category.
The rating also underscores the strategic support and synergies between Takaful International and its parent company and Gulf Insurance Group, as well as their disciplined approach to corporate governance.
Essam Al-Ansari, the Chief Executive of Takaful International Company, expressed his pride in this achievement and emphasized that the credit rating validates the company's strong operating profits and its leading position in the Kingdom of Bahrain.
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