Takaful Al Rajhi retains -A rating with stable outlook from S&P

Logo of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful)

In a statement to Tadawul, the company pointed out that the rating reflects its position as the third-largest insurer in Saudi Arabia and a market leader in motor, protection, and savings products, which supports its strong competitive standing in the insurance market.

The stable outlook indicates that, despite the expected business growth during 2025–2027, the company maintained capital adequacy consistent with the -A benchmark, noting an improvement in capital adequacy under S&P’s stress-test scenario.