Disclosure of Credit Rating Form


Details
Al Ahleia Insurance Company S.A.K.P.
15-07-2026

Credit rating form

"AM Best" Agency for Credit Rating Services
"A" (Excellent) with stable Outlooks
The affirmation of the "A" credit rating with a stable outlook reflects the strength of the company's financial profile, along with robust operational performance driven by steady growth in underwriting and investment outcomes
Affirming the credit rating of AIC reflects the strength of its financial position (rated Very Strong) and operating performance, driven by the quality of its direct business in Kuwait, reinforcing the AIC's position as a top-tier insurer in the Kuwaiti market. Also, AIC’s efficiency in mitigating risks while diversifying investments.
Stable
AM Best has affirmed the Financial Strength Rating and the Long-Term Issuer Credit Rating of Al Ahleia Insurance Company S.A.K.P. at “A” (Excellent) with stable outlook. According to AM Best, Al Ahleia demonstrates The financial strength of Al Ahleia Insurance Company is rated “Very Strong,” supported by a risk-adjusted capitalization at the strongest level and robust liquidity, with liquid assets covering net technical liabilities 1.8 times. The rating also reflects a “Strong” operating performance, evidenced by a net/net combined ratio of 88% in 2025 and a return on equity exceeding 10% over the 2020-2025 period. This comes alongside a stable outlook, which assumes the company will maintain its rating fundamentals over the medium term. The company’s regulatory solvency coverage ratio stood at 312% in Q4 2025, significantly exceeding the target level of 150%. The stable outlook reflects AM Best’s expectation that the company will maintain its rating fundamentals over the medium term, with balance sheet strength remaining at the “Very Strong” level and stable operating performance enabling sufficient internal capital generation.
افصاح عن التصنيف الائتماني الشركة الاهلية للتأمين.pdf

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