S&P maintains “A-” credit rating on GIG; outlook positive

Logo of Gulf Insurance Group (GIG)

Gulf Insurance Group (GIG) announced that the global rating agency Standard & Poor’s (S&P) maintained its “A-” credit rating on the company with a positive outlook.

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In a statement to Tadawul, the insurer said the rating reaffirms the company’s strong capabilities in managing its operations and financial strategies. It also highlights GIG’s ability to achieve growth and profitability while preserving long-term financial stability.