RATING UPGRADE TO ‘A+’ based on improved assets quality, outperforming peers, and profits above market average.
Orient Insurance, an Al-Futtaim Group company, has once again been brought to the limelight by S&P Global Ratings by upgrading the company from ‘A’ to ‘A+’.
The rating upgradation has been done based on several outstanding growth and performance indicators. Orient is the only company in the Middle East and GCC to achieve this position.
Orient’s market presence has been rising consistently over the last few years, placing the company in a leading position in all the services offered.
Expressing his apparent felicity, Mr. Omer Elamin, President, Orient Group, said, “We are extremely delighted to be rated as the only company in the Middle East and GCC with an ‘A+’ rating and this reemphasizes our commitment to our stakeholders and the communities wherever we function. I would like to congratulate our employees for achieving such a momentous accomplishment”.
Read More : S & P – Research Update – Orient