Qatar General Insurance credit rating stable at ++B
Reports from the credit rating agency "A.M. Best" confirmed the credit rating of Qatar General Insurance at the level (++B), with a long-term creditworthiness rating of (BBB) and a stable outlook. The results also showed a 28.6% increase in the company's net profits in the first quarter of this year, reaching approximately 63.85 million Qatari Riyals compared to 49.64 million Riyals in the same period of the previous year. This reflects an improvement in the company's financial performance despite economic challenges, maintaining its strong financial rating and anticipation of further sustainable growth.
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