Ratings On Gulf Insurance Group Raised To 'A-' As Integrated Operating Holdco; GIRI Ratings Affirmed
S&P Global Ratings raised to 'A-' from 'BBB+' its insurer financial strength and counterparty credit ratings on Kuwait-based Gulf Insurance Group K.S.C.P. (GIG). At the same time, we affirmed our 'A-' rating on Gulf Insurance & Reinsurance Company K.S.C. (GIRI), the core subsidiary.