VOL. XLIII

No. 31

30-July-2000

EGYPT

S&Ps Suez Canal Insurances BBB+ Ratings Affirmed; Outlook Stable

Standard & Poors (S&Ps) affirmed on 20 July its BBB+ long-term counter party credit insurer financial strength ratings on Suez Canal Insurance, a leading Egyptian composite insurer. The ratings are based on the companys extremely strong capitalization, strong operating performance and strong business position within the Egyptian insurer market. The ratings, however, are partially...