Moody's rates Qatar Islamic Insurance 'Baa2'
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Moody's rates Qatar Islamic Insurance 'Baa2'

Moody's rates Qatar Islamic Insurance 'Baa2'

The insurance financial strength rating (IFSR) of Qatar Islamic Insurance Co (QIIC) has been assigned a 'Baa2' rating by Moody's Investors Service, with 'Stable' outlook, the Peninsula has reported. Privately-owned QIIC provides both life and non-life insurance to individuals and businesses in Qatar with gross contributions of QR210m in 2011 ($57m) and total assets of QR579m ($173m).

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    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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