RIYADH: Moody’s Investors Service has downgraded the Mediterranean and Gulf Cooperative Insurance and Reinsurance Co insurance financial strength rating to Ba2 from Ba1.
The firm, also known as MEDGULF KSA, is a Saudi joint stock company, and has seen its outlook changed from positive to negative.
This reflects the challenges MEDGULF KSA faces in improving its underwriting performance and continued pressures on its capitalisation.
For millions of Indian families, becoming a doctor, engineer or lawyer remains one of the…
Samer is partially blind and has a leg injury that makes moving difficult."Fear dominates everything.…
The cost of studio memberships can be pretty high, so people are increasingly organising their…
The Iranian economy has long been struggling under the weight of decades of international sanctions,…
Despite an Israeli court challenge to the plans by Bedouin Palestinians living in the area…
South Korea’s presidential office condemned North Korea’s launch of more than 10 short-range ballistic missiles…