Saudi Arabia: 5th biggest insurer receives 'A-' IFS rating from Fitch

Published on August 11, 2025
Fitch Ratings has assigned Walaa Cooperative Insurance's an Insurer Financial Strength (IFS) Rating of 'A-' and National IFS Rating of 'AA+(sau)'. The outlooks are 'Stable'.
Continue reading on website
Other news

Africa: Insurance pooling billed as a solution for MNCs with operations across the continent

August 10, 2025
As multinational corporations scale their presence across multiple markets on the continent and their operational needs, particularly around risk management and insurance, are becoming more complex

Gallagher Bassett names Sarah Penny as Client Services Director, UK

August 11, 2025
Gallagher Bassett, the provider of risk and claims management services and a wholly owned subsidiary of Arthur J. Gallagher & Co., has appointed Sarah Penny as Client Services Director for UK operations, reporting to John Fearn, Chief Operating Officer for the United Kingdom.In her new role, she is responsible for looking after the firm’s valued corporate and carrier client relationships.Additiona