Noor Takaful

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Noor Takaful Family PJSC

Retrieved on: 
Thursday, February 25, 2021
Insurance, Professional services, Insurance, Noor Takaful, Financial services

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful Family PJSC (NTF) (United Arab Emirates).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful Family PJSC (NTF) (United Arab Emirates).
  • The outlook assigned to these Credit Ratings (ratings) is negative.
  • The rating actions follow the completion of AM Bests assessment of the consolidated financial strength of Dar Al Takaful PJSC (DAT), which acquired NTF and its sister company, Noor Takaful General PJSC in July 2020.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Noor Takaful General PJSC

Retrieved on: 
Thursday, February 25, 2021
Professional services, Insurance, Finance, Insurance, Noor Takaful, Financial services

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful General PJSC (NTG) (United Arab Emirates).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful General PJSC (NTG) (United Arab Emirates).
  • The outlook assigned to these Credit Ratings (ratings) is negative.
  • The rating actions follow the completion of AM Bests assessment of the consolidated financial strength of Dar Al Takaful PJSC (DAT), which acquired NTG and its sister company, Noor Takaful Family PJSC in July 2020.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .

AM Best Revises Issuer Credit Rating Outlook to Positive for Noor Takaful Family PJSC

Retrieved on: 
Thursday, January 30, 2020
Insurance, Professional services, Finance, Credit rating agencies, Economy, Credit rating, AM Best, Noor Takaful

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of bb of Noor Takaful Family PJSC (NTF) (United Arab Emirates).

Key Points: 
  • AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of bb of Noor Takaful Family PJSC (NTF) (United Arab Emirates).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Revises Issuer Credit Rating Outlook to Positive for Noor Takaful General PJSC

Retrieved on: 
Thursday, January 30, 2020
Insurance, Professional services, Finance, Economy, Credit rating agency, Noor Takaful, Credit rating

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of bb of Noor Takaful General PJSC (NTG) (United Arab Emirates).

Key Points: 
  • AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of bb of Noor Takaful General PJSC (NTG) (United Arab Emirates).
  • The positive outlook for the Long-Term ICR reflects the ongoing strengthening of NTGs ERM capabilities.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Noor Takaful | Ethical Insurance Partners With Hozpitality Group for the 12th Annual GM Conference on 27th Jan 2020 at the Meydan Hotel Dubai

Retrieved on: 
Thursday, January 16, 2020
Insurance, Noor Takaful, Financial services, Takaful, Economy, Finance, Dubai

DUBAI, U.A.E, Jan. 16, 2020 /PRNewswire/ -- Hozpitality Group announces its 12th Annual Business Conference for CEO's, General Managers, HR and Finance Directors in UAE to be held in Dubai at the Meydan Hotel, Dubai on Monday, 21stJan 2020.

Key Points: 
  • DUBAI, U.A.E, Jan. 16, 2020 /PRNewswire/ -- Hozpitality Group announces its 12th Annual Business Conference for CEO's, General Managers, HR and Finance Directors in UAE to be held in Dubai at the Meydan Hotel, Dubai on Monday, 21stJan 2020.
  • "As usual, we are expecting over 150 distinguished hospitality decision makersin UAE to attend the event," said Raj Bhatt, CEO, Hozpitality Group.
  • The company has been servicing the hospitality industry with their Ethical Insurance products and the conference is just the right fit," added Vandana Bhatt, MD, Hozpitality Group.
  • About NOOR TAKAFUL | Ethical Insurance:
    Noor Takaful, established in early 2009, is the leading ethical insurance company at the forefront of personalised ethical insurance that offers its customers tangible value.

Noor Takaful | Ethical Insurance Partners With Hozpitality Group for the 12th Annual GM Conference on 27th Jan 2020 at the Meydan Hotel Dubai

Retrieved on: 
Thursday, January 16, 2020
Insurance, Noor Takaful, Financial services, Takaful, Economy, Finance, Dubai

DUBAI, U.A.E, Jan. 16, 2020 /PRNewswire/ -- Hozpitality Group announces its 12th Annual Business Conference for CEO's, General Managers, HR and Finance Directors in UAE to be held in Dubai at the Meydan Hotel, Dubai on Monday, 21stJan 2020.

Key Points: 
  • DUBAI, U.A.E, Jan. 16, 2020 /PRNewswire/ -- Hozpitality Group announces its 12th Annual Business Conference for CEO's, General Managers, HR and Finance Directors in UAE to be held in Dubai at the Meydan Hotel, Dubai on Monday, 21stJan 2020.
  • "As usual, we are expecting over 150 distinguished hospitality decision makersin UAE to attend the event," said Raj Bhatt, CEO, Hozpitality Group.
  • The company has been servicing the hospitality industry with their Ethical Insurance products and the conference is just the right fit," added Vandana Bhatt, MD, Hozpitality Group.
  • About NOOR TAKAFUL | Ethical Insurance:
    Noor Takaful, established in early 2009, is the leading ethical insurance company at the forefront of personalised ethical insurance that offers its customers tangible value.

AM Best Named Best International Ratings Agency for Takaful at 2019 International Takaful Awards

Retrieved on: 
Wednesday, July 10, 2019
Other Professional Services, Professional services, Insurance, Islamic banking, Takaful, Economy, Noor Takaful, Companies

AM Best has been named the International Best Ratings Agency for Takaful at the International Takaful Awards 2019, held in conjunction with the 13th International Takaful Summit at the Millennium Gloucester Hotel in London.

Key Points: 
  • AM Best has been named the International Best Ratings Agency for Takaful at the International Takaful Awards 2019, held in conjunction with the 13th International Takaful Summit at the Millennium Gloucester Hotel in London.
  • The International Takaful Awards recognise the achievements of those companies that have made significant contributions and shown leadership in the (re)takaful sector.
  • AM Best now has won the International Best Ratings Agency award five consecutive years, and accepting it on behalf of AM Best was Mahesh Mistry, senior director analytics, representing the global rating agencys Europe, Middle East and Africa (EMEA) office.
  • AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry.

AM Best Upgrades Issuer Credit Rating of Orient Insurance PJSC and Assigns Credit Ratings to Orient Takaful Insurance Company (S.A.E.)

Retrieved on: 
Friday, June 21, 2019
Finance, Banking, Professional services, Insurance, Islamic banking, Takaful, Economy, Financial services, Noor Takaful, Finance, Etiqa

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to a+ from a and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Orient Insurance PJSC (Orient) (United Arab Emirates).

Key Points: 
  • AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to a+ from a and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Orient Insurance PJSC (Orient) (United Arab Emirates).
  • Concurrently, AM Best has assigned an FSR of A (Excellent) and a Long-Term ICR of a+ to Orient Takaful Insurance Company (S.A.E.)
  • Orient Takaful is a non-life Takaful insurer with a leading market position in the Takaful market in Egypt.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings .

AM Best Affirms Credit Ratings of Noor Takaful Family PJSC

Retrieved on: 
Wednesday, January 30, 2019
Professional services, Finance, Insurance, Finance, Economy, Money, Credit rating agencies, Noor Takaful, Credit rating, A. M. Best

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful Family PJSC (NTF) (United Arab Emirates).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful Family PJSC (NTF) (United Arab Emirates).
  • The outlook of these Credit Ratings (ratings) remains stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and A.M. Best Rating Action Press Releases .

AM Best Affirms Credit Ratings of Noor Takaful General PJSC

Retrieved on: 
Wednesday, January 30, 2019
Professional services, Finance, Insurance, Finance, Economy, Money, Credit rating agencies, Noor Takaful, Credit rating, A. M. Best

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful General PJSC (NTG) (United Arab Emirates).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of bb of Noor Takaful General PJSC (NTG) (United Arab Emirates).
  • The outlook of these Credit Ratings (ratings) remains stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and A.M. Best Rating Action Press Releases .