Logo of Walaa Cooperative Insurance Co.
Walaa Cooperative Insurance Co. announced that Fitch Ratings assigned it Insurer Financial Strength (IFS) rating of “A-” and National IFS rating of "AA+(sau)", along with a “Stable” outlook.
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The ratings reflect the strength of Walaa's capital and position in the market, the insurer said in a statement to Tadawul, noting some fluctuations in financial performance and returns over previous periods.
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