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Takaful Re’s stable rating reconfirmed

Posted on 24 February 2012

Standard & Poor’s (S&P) reconfirmed BBB ‘Stable’ long-term counter-party credit and insurer financial strength ratings to Takaful Re Limited (TRL), a Dubai International Financial Centre-based re-takaful operator.
Takaful Re is a subsidiary of Bahrain-based Arab Insurance Group. According to S&P, the rating is based on Takaful Re’s strong capitalisation, strong liquidity, and supportive shareholders, focused on fostering the development of the re-takaful industry………………………………………..Full Article: Source

 
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