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Prospect News home > News index > List of issuers G > Headlines for Gulf Insurance Co. KSC > News item |
S&P rates Gulf Insurance
Standard & Poor's said it assigned its BBB+ long-term counterparty credit and insurer financial strength ratings to Gulf Insurance Co. KSC.
The outlook is stable.
S&P said that the ratings reflect Gulf Insurance's strong operating performance, strong competitive position and good capitalization, noting that these positive factors are offset by Gulf Insurance's high-risk investments.
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