From Gulf-times.com: Global credit rating agency Standard and Poor’s (S&P) yesterday affirmed its ‘A’ long term counterparty credit and insurer financial strength ratings on Qatar Insurance Company (QIC) with a stable outlook.

Although the ratings reflected the relatively strong capitalisation, S&P, however, said QIC, like its peers, had not been immune to the deterioration in global investment markets as well as the regional and international macroeconomic downturn…….Full Article: Source