AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) of Arab Reinsurance Company SAL (Arab Re) (Lebanon). The outlook is stable.

This upgrading change in the financial strength rating duly confirms the soundness of the strategies followed by the Company, which since its establishment, has overcome the difficult political, economic and financial conjuncture prevailing in Lebanon.

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AM Best Upgrades Credit Ratings of Arab Reinsurance Company SAL