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InsuranceLinked Securities Companies House Middle East and Africa

Q2 losses and reinsurance cancellation prompt downgrade for Saudi AICC

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Concern about its capital level after a near-$12m second-quarter loss and the cancellation mid-year of a proportional reinsurance contract have prompted a ratings downgrade for the Saudi Arabian insurer Arabia Insurance Cooperative Company.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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