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Home » AM BEST

Tag Archives: AM BEST

arabia insurance lebanon logo

AM Best Affirms Credit Ratings of Arabia Insurance Company s.a.l.

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Arabia Insurance Company s.a.l. (AIC) (Lebanon). The outlook of these Credit Ratings (ratings) is negative.

beirut port explosion damage insurance lebanon

After Beirut Port Explosion, AM Best Comments on Potential Insurance Exposures

The devastating explosion at the Beirut’s port on Tuesday, Aug. 4 caused many casualties and considerable damage, but local insurance penetration rates in Lebanon generally are low, said AM Best in a market commentary.

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