Wed, Oct 1, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Insurance (Takaful), Performance more

S&P downgrades Kuwait’s Wethaq Takaful

Posted on 02 October 2009

From Arabianbusiness.com: Ratings agency Standard & Poor’s on Wednesday said it has lowered its long-term counterparty credit and insurer financial strength ratings on Kuwait-based Wethaq Takaful Insurance Co. K.S.C. to ‘BB’ from ‘BB+’.

At the same time, the ratings were removed from CreditWatch with negative implications, where they were placed on May 27, 2009. The outlook is negative………………Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031