S & P Affirms ‘A’ Rating of Orient Insurance PJSC

On May 21, 2021, S&P Global Ratings affirmed its ‘A’ long-term issuer credit and insurer financial strength ratings on Orient Insurance P.J.S.C. The outlook is stable.

The stable outlook reflects S & P’s view that Orient will retain its position as a leading insurer in the UAE with above-market-average profitability and capital adequacy with a significant buffer above our ‘AAA’ benchmark over the next two years..