Fitch affirms Gulf Union Alahlia’s 'BBB+' rating; outlook stable

07/05/2025 Argaam
Logo ofGulf Union Alahlia Cooperative Insurance Co.

Logo of Gulf Union Alahlia Cooperative Insurance Co.

Gulf Union Alahlia Cooperative Insurance Co. said that Fitch Ratings affirmed its Insurer Financial Strength (IFS) rating at “BBB+” and National IFS rating at “AA-(sau)”.

 

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The agency assigned a stable outlook for both ratings, the insurer said in a Tadawul statement today, May 7.

 

The ratings reflect the insurer's strong capitalization and improved financial performance, the company added.

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