VOL. XLI
No. 27
6-July-1998
BAHRAIN
S&P Upgrades ARIG
The US ratings agency Standard & Poor's has upgraded the rating of Bahrain-basedArab Insurance Group (ARIG) and its UK subsidiary, Arig Insurance Company Limited to Afrom A- (MEES, 24 February 1997). ARIG said that the upgraded rating follows arecent in-depth review by S&P in the wake of its successful Initial Public Offering(IPO) in late 1997 (MEES, 10 November 1997). The Group has subsidiary andassociated companies in Bahrain,...
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