S&P affirms Wataniya Insurance at ‘BBB+’, revises outlook to positive

09:45 AM (Mecca time) Argaam
Logo ofWataniya Insurance Co.

Logo of Wataniya Insurance Co.

S&P Global Ratings affirmed Wataniya Insurance Co.’s long-term credit rating at “BBB+” and revised the outlook to positive from stable, according to a statement on Tadawul.

 

The agency also affirmed the company’s Saudi national scale rating at “ksaAA+”, likewise revising the outlook to positive from stable, in line with S&P’s national scale ratings for Saudi Arabia.

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