Tag: S&P

S&P Upgrades International General Insurance Company Ltd

Standard & Poor’s Ratings Services (S&P) has upgraded the financial strength ratings for International General Insurance Company Ltd (IGI) to “A-” with a stable outlook. The new rating, which was announced on March 31, 2015, raises the rating to A- from…

S&P Upgrades Jordan to “Stable”

Standard & Poor’s (S&P) returned Jordan to a stable outlook, almost three years after lowering its ‘BB-/B’ status to negative amid economical and political regional instability. The international rating agency expects the deterioration in the country’s fiscal and external balances…