Mubasher: Moody’s Investors Service has affirmed the credit rating of Kuwait Insurance at ‘A3’, with a ‘Stable’ Outlook, according to a bourse statement issued on Thursday.
This rating reflects the company’s solid financial position in the local market as well as the good insurance service it provides.
The rating agency focused on the sustainable profitability rate with an average of 8.8% in five years, the statement said.
