DIFC - Dubai , March 29, 2020 Moody's Investors Service, ("Moody's"), has today withdrawn the Ba2 insurance financial strength rating and stable outlook on Al Madina Insurance Company SAOG, based in Oman. Moody's has decided to withdraw the rating for its own business reasons. Please ref...
PR_419047 ). The downgrade of the IFSR reflects Al Madina's direct exposure to the Oman sovereign risk in terms of its key credit fundamentals (business profile, asset quality, capitalisation, profitability and financial flexibility). These are correlated with -- and thus linked to -- the economi...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Al Madina Insurance Company SAOG. Global Credit Research- 15 Jul 2019. DIFC- Dubai, July 15, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Al Madina Insurance Company SAOG and other ratings that are associated with the same analytical unit.
PR_395864 ). The change of outlook to negative reflects Al Madina's direct exposure to the Oman sovereign risk in terms of its key credit fundamentals (business profile, asset quality, capitalisation, profitability and financial flexibility). These are correlated with -- and thus linked to -- th...
FINANCIAL INSTITUTIONS CREDIT OPINION 18 July 2017 Update RATINGS Al Madina Insurance Company SAOG Domicile Oman Long Term Rating Ba1 Type Insurance Financial Strength - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Mohammed Ali Londe 971-4-237-9503 AVP-An
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