VOL. XL

No. 8

24-February-1997

UAE/LIBYA/KUWAIT

ARIG Receives A-Claims Paying Ability Rating From S&P

Standard and Poor (S&P) have affirmed an A-claims-paying ability (CPA) rating on the Arab Insurance Group (ARIG), which is owned by the governments of the UAE, Libya and Kuwait. S&P said in a statement that ARIG benefits from "a very strong solvency and risk-based capital position,. a conservative investment policy,...and solid and improving levels of capitalization." The agency...