AM Best Revises Outlooks to Negative for Al Fujairah National Insurance Company PJSC

LONDON–(BUSINESS WIRE)–AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Al Fujairah National Insurance Company PJSC (AFNIC) (United Arab Emirates).

These Credit Ratings (ratings) reflect AFNIC’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited…