Doha-Mubasher: Standard & Poor's (S&P) assigned 'BBB' global scale and 'gcAA' GCC to Insurance and Reinsurance Company (Seib), with a “Stable” outlook.
Under S&P’s model, Seib's capital adequacy is in excess of our 'AAA' requirements, according to a statement.
The stable outlook reflects that Seib will continue to grow profitably in Qatar while supporting its extremely strong capital adequacy.
