A.M. Best Affirms Credit Ratings of Alliance Insurance (PSC)
The ratings reflect Alliance’s strong risk-adjusted capitalisation, solid earnings and moderate business profile.
Alliance maintains strong risk-adjusted capitalisation that benefits from low underwriting leverage, a conservative investment portfolio and a reinsurance program of good credit quality.
Alliance has demonstrated a track record of excellent profitability, with overall earnings reaching AED 45 million (
Alliance is a medium-size composite insurance company operating in the
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and
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