The rating on QIC International is based on a guarantee provided by Qatar-based Qatar Insurance Co. S.A.Q. (QIC; A/Stable/--). The guarantee meets our guarantee criteria.
"Standard & Poor's expects the rating on QIC International to move in lockstep with that on QIC," said Standard & Poor's credit analyst Jelena Bjelanovic. "The stable outlook on QIC International reflects the stable outlook on its guarantor, QIC."
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Qatar Insurance Co. International LLC assigned 'A' financial strength rating
- Qatar: Tuesday, December 11 - 2007 at 07:49
- PRESS RELEASE
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Standard & Poor's Ratings Services said that it assigned its 'A' long-term insurer financial strength rating to Qatar Financial Center-based Qatar Insurance Co. International LLC (QIC International). The outlook is stable.
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Posted by Anne-Birte Stensgaard, Senior News EditorTuesday, December 11 - 2007 at 07:49 UAE local time (GMT+4)
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Notes and Media Contacts »
Analyst Contacts:
Jelena Bjelanovic, London
David Anthony, London
Insurance Ratings Europe
Jelena Bjelanovic, London
David Anthony, London
Insurance Ratings Europe
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