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