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Moody’s Ratings upgrades MEDGULF KSA’s IFSR to B3; outlook changed to ...

2024 حزيران/يونيو 26، ليماسول)IFSR ( رشكة المتوسط واخلليج للتأمني وإعادة التأمني التعاوين (ميدغلف يف المملكة العربية السعودية) من الفئة لCaa1 الفئة إىل B3 . مستقرة إىل إجيابيةوغّريت الوكالة النظرة المستقبلية من . التصنيف حيثياتحتّسن رشكة ميدغلف يف المملكة العربية السعوديةل B3إىل الفة ) IFSR( للتأمن...

Moody’s Ratings upgrades MEDGULF KSA’s IFSR to B3; outlook changed to ...

Limassol , June 26, 2024 - Moody's Ratings (Moody's) has upgraded Mediterranean & Gulf Ins. & Reinsurance Co.'s (MEDGULF KSA) insurance financial strength rating (IFSR) to B3 from Caa1, and changed the outlook to positive from stable. The upgrade of MEDGULF KSA's IFSR to B3 reflects the insurer's i...

Mediterranean & Gulf Ins. & Reinsurance Co.: Update to credit analysis

Our credit view of this issuer reflects its strong invested asset quality with low HRA, against its concentration to the Saudi Arabia insurance market which is highly competitive.

Moody’s affirms MEDGULF KSA’s Caa1 IFSR; outlook changed to stable

بيان صحفي بيان صحفي للنشر الفوري جهات االتصال نيكواليدس سنوندا أول ائتمان مسؤول –نائب الرئيس مجموعة المؤسسات المالية Moody's Investors Service Cyprus Ltd. Porto Bello Building 1, Siafi Street, 3042 Limassol PO Box 53205 Limassol Cyprus 5456 7772 20 44 :الصحفيون 5454 7772 20 44خدمة العمالء: هولمز ب...

Moody’s affirms MEDGULF KSA’s Caa1 IFSR; outlook changed to stable

Limassol , December 21, 2023 – Moody's Investors Service (Moody's) has affirmed Mediterranean & Gulf Ins. & Reinsurance Co.'s (MEDGULF KSA) Caa1 insurance financial strength rating (IFSR) and changed the outlook to stable from negative. The change in outlook to stable reflects MEDGULF KSA's improved...

Mediterranean & Gulf Ins. & Reinsurance Co.: Update to credit analysis...

Our credit view of this issuer reflects its strong market position in Saudi Arabia with a well-known brand name, constrained by its ability to regenerate its capital.

Moody’s downgrades MEDGULF KSA to Caa1; negative outlook

بيان صحفي بيان صحفي للنشر الفوري جهات االتصال نيكواليدس سنوندا أول ائتمان مسؤول –نائب الرئيس مجموعة المؤسسات المالية Moody's Investors Service Cyprus Ltd. Porto Bello Building 1, Siafi Street, 3042 Limassol PO Box 53205 Limassol Cyprus 5456 7772 20 44 :الصحفيون 5454 7772 20 44خدمة العمالء: براندان...

Moody’s downgrades MEDGULF KSA to Caa1; negative outlook

Limassol , May 23, 2023 – Moody's Investors Service (Moody's) has downgraded Mediterranean & Gulf Ins. & Reinsurance Co.'s (MEDGULF KSA) insurance financial strength rating (IFSR) to Caa1 from B1. The outlook on MEDGULF KSA has been changed to negative from rating under review. This rating action co...

Mediterranean & Gulf Ins. & Reinsurance Co.: Update to credit analysis...

Our credit view of Medgulf reflects its governance challenges, weak capital adequacy and poor underwriting performance, somewhat offset by its strong market position, brand and distribution.

Moody’s downgrades MEDGULF KSA’s insurance financial strength rating t...

Limassol , March 8, 2023 – Moody's Investors Service ("Moody's") has downgraded Mediterranean & Gulf Ins. & Reinsurance Co.'s (MEDGULF KSA) insurance financial strength rating (IFSR) to B1 from Ba2 and placed the rating on review for further downgrade. The downgrade of MEDGULF KSA's IFSR to B1 refle...

Moody’s downgrades MEDGULF KSA’s insurance financial strength rating t...

بيان صحفي بيان صحفي للنشر الفوري جهات االتصال نيكواليدس سنوندا أول ائتمان مسؤول –نائب الرئيس مجموعة المؤسسات المالية Moody's Investors Service Cyprus Ltd. Porto Bello Building 1, Siafi Street, 3042 Limassol PO Box 53205 Limassol Cyprus 44.20.7772.5456+ :الصحفيون 44.20.7772.5454+خدمة العمالء: براند...

Mediterranean & Gulf Ins. & Reinsurance Co.: Update to credit analysis

Our credit view of this issuer reflects its established brand and strong market position.

Moody’s downgrades MEDGULF KSA’s IFS rating to Ba2; negative outlook

Limassol , September 26, 2022 – Moody's Investors Service ("Moody's") has downgraded Mediterranean & Gulf Ins. & Reinsurance Co.'s (MEDGULF KSA) insurance financial strength rating (IFSR) to Ba2 from Ba1. The outlook on MEDGULF KSA has been changed to negative from positive. A list of affected rati...

Moody’s downgrades MEDGULF KSA’s IFS rating to Ba2; negative outlook

بيان صحفي بيان صحفي للنشر الفوري جهات االتصال نيكواليدس زنوندا أول ائتمان مسؤول –نائب الرئيس مجموعة المؤسسات المالية Moody's Investors Service Cyprus Ltd. Porto Bello Building 1, Siafi Street, 3042 Limassol 53205صندوق البريد CY 3301 ليماسول قبرص 5456 7772 20 44 الصحفيون: 5454 7772 20 44خدمة العمالء...

Moody's announces completion of a periodic review of ratings of Medite...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mediterranean& Gulf Ins.& Reinsurance Co.. Global Credit Research- 01 Feb 2022. London, 01 February 2022-- Moody's Investors Service has completed a periodic review of the ratings of Mediterranean& Gulf Ins.& Reinsurance Co. and other ratings that are associated with the same analytical unit.

Mediterranean & Gulf Ins. & Reinsurance Co.: Update following upgrade ...

Our credit view of this issuer reflects its established brand and strong market position.

Moody’s upgrades MEDGULF KSA to Ba1; positive outlook

بيان صحفي بيان صحفي للنشر الفوري جهات االتصال براندون هولمز أول ائتمان مسؤول – نائب الرئيس مجموعة المؤسسات المالية Moody’s Investors Service Ltd. One Canada Square Canary Wharf لندن المتحدة المملكة 44.20.7772.5456+ الصحفيون: + 44.20.7772.5454خدمة العمالء: سير...

Moody’s upgrades MEDGULF KSA to Ba1; positive outlook

London , January 25, 2022 - Moody's Investors Service ("Moody's") has upgraded Mediterranean & Gulf Ins. & Reinsurance Co.'s (MEDGULF KSA) insurance financial strength rating (IFSR) to Ba1 from B1. The outlook on MEDGULF KSA has been changed to positive from rating under review. A lis...

Moody’s extends review for upgrade on MEDGULF KSA’s insurance financia...

PR_1000004026 . Moody's extended the time for the review because the right issue, which was initially intended to be completed by Q2 2021, has been delayed and is now expected to be finalized only by Q4 2021. In the meanwhile, the company has received the approval from the Saudi Central Bank (...

Moody's announces completion of a periodic review of ratings of Medite...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Mediterranean& Gulf Ins.& Reinsurance Co.. Global Credit Research- 04 Mar 2021. DIFC- Dubai, March 04, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Mediterranean& Gulf Ins.& Reinsurance Co. and other ratings that are associated with the same analytical unit.

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