February 7, 2025
‎S&P affirms ‘A-‘ financial strength rating on Walaa Insurance with a ‘Stable’ outlook

Logo of Walaa Cooperative Insurance Co.

Walaa Cooperative Insurance Co. saidStandard Poor’saffirmed its “A-“ long-term insurer financial strength rating.

The global ratings agency also affirmed the “gcAAA” long-term GCC regional scale financial strength rating.

Additionally, the“ksaAAA” long-term Saudi national scale financial strength ratingwas reaffirmed. Theoutlook for both global and national scale ratings is “stable”…
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