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AM Best assigns rating to Bahrain Kuwait Insurance


November 29, 2011

Mr. Ebrahim Al Rayes, Chief Executive Officer of Bahrain Kuwait Insurance Company has announced BKIC has been assigned financial strength rating of A- by AM Best. In their press release, AM Best have confirmed that the rating reflects, inter alia, BKIC's strong capitalization, conservative investment strategy, excellent track record of technical profits and good standing in the operating markets Bahrain and Kuwait. Mr. Ebrahim Al Rayes said this higher rating underscored the trust the insuring public have placed on the company in Bahrain and Kuwait and expressed his hope that they would continue to perform well for the benefit of all stakeholders.