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Takaful International Co. BSC

Takaful International 'BBB' ratings placed on CreditWatch negative

Mon, 2011-02-28 12:12 — newsdesk

Standard & Poor's Ratings Services placed its 'BBB' long-term counterparty credit and insurer financial strength ratings on Bahrain-based insurer Takaful International Co. BSC on CreditWatch with negative implications.
This rating action follows the recent downgrade of the long-term local currency sovereign rating on the Kingdom of Bahrain.

Source: 

http://www.bi-me.com/main.php?c=3&cg=2&t=1&id=51266

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