We are happy to share that Walaa has received a financial strength rating of (ksaAAA) on Saudi Arabia National Scale rating from S&P credit rating agency and assigned Walaa on affirmed (A-) rating, with a ‘Stable’ outlook
Standard & Poor's credit rating
August 31, 2022
Walaa Cooperative Insurance Company announce that on 30/08/2022, Standard & Poor's credit rating agency assigned 'ksaAAA' Saudi national scale financial strength rating to Walaa. At the same time, affirmed 'A-' long-term insurer financial strength rating and 'gcAAA' GCC regional scale financial strength rating on Walaa. With a ‘stable’ outlook on the global and national scale ratings.