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Article: MoodyEs Assigns A3 Rating to Al Ahlia Insurance.
- Article from:
- Khaleej Times (Dubai, United Arab Emirates)
- Article date:
- September 20, 2009
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Summary: ABU DHABI * MoodyEs Investors Service has assigned a first-time insurance financial strength rating of A3 to Al Ain Ahlia Insurance Co with eIAstableE outlook.
One of Abu DhabieIUs top five insurance companies in terms of gross premium, the company offers a wide range of non-life insurance lines to companies and individuals in Abu Dhabi, with a particular focus on providing property, engineering, oil and gas and motor insurance to the major state-sponsored and private commercial enterprises.
In 2008, Al Ain Ahlia recorded gross written premium of Dh696 million and had total assets of Dh2.179 billion as at E[sz] December 31, 2008.
Al ...