Walaa Cooperative Insurance Co.

Saudi-based Walaa Cooperative Insurance Co. maintains ‘A-’ rating: S&P Global

Saudi-based Walaa Cooperative Insurance Co. maintains ‘A-’ rating: S&P Global

  • S&P expects Walaa to maintain this level of capital adequacy over the next two years
  • It also expects the company to gradually improve its combined ratio to about 98% in 2025—2026
By NOUR EL-SHAERI    ·