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Gulf Union Al Ahlia Cooperative Insurance Company announces that it has obtained Insurer Financial Strength (IFS) Rating of (BBB+) and a National IFS Rating of (AA-(sau)) with a Stable Outlook from Fitch Ratings.
| Element List | Explanation |
|---|---|
| Announcement Detail | Gulf Union Al Ahlia Cooperative Insurance Company announces that it has obtained Insurer Financial Strength (IFS) Rating of (BBB+) and a National IFS Rating of (AA-(sau)) with a Stable Outlook for both ratings, from Fitch Ratings. In its report, Fitch said that Gulf Union Al Ahlia's ratings reflect the insurer's strong capitalisation, improving financial performance and good company profile. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 15.07
Net Change 0.17 (+1.14%)
Value Traded (Sar) 802,167.37
Volume Traded 53,766
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