{"id":15578,"date":"2026-06-03T21:20:00","date_gmt":"2026-06-03T19:20:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=b927efb0be428c521a142b2b90c42fdc"},"modified":"2026-06-03T21:20:00","modified_gmt":"2026-06-03T19:20:00","slug":"am-best-affirms-credit-ratings-of-national-general-insurance-company-p-j-s-c","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=15578","title":{"rendered":"AM Best Affirms Credit Ratings of National General Insurance Company (P.J.S.C.)"},"content":{"rendered":"

LONDON--(BUSINESS WIRE)--#insurance<\/a>--AM Best <\/b>has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of National General Insurance Company (P.J.S.C.) (NGI) (United Arab Emirates). The outlook of these Credit Ratings (ratings) is stable.<\/p><\/a><\/a>

\nThe ratings reflect NGI\u2019s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.<\/p>

\nNGI\u2019s balance sheet strength is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by Best\u2019s Capital Adequacy Ratio (BCAR). AM Best expects the company\u2019s risk-adjusted capitalisation to remain at the strongest level, supported by its continued ability to generate capital through the retention of profits. The company\u2019s balance sheet strength is supported further by its strong liquidity profile. NGI\u2019s investment portfolio is well-balanced by asset class, albeit largely concentrated in the UAE.<\/p>

\nNGI has a track record of strong operating performance and generated a profit after tax of AED 119.2 million in 2025 (2024: AED 127.5 million), translating to a return on equity of 17.8% in 2025 (2024: 20.9%) (as calculated by AM Best). The company\u2019s earnings continue to be supported by positive investment returns, as well as robust underwriting results stemming from both its non-life and life portfolios, which have reported overall profits in each of the past 10 years (2016-2025).<\/p>

\nNGI holds a well-established position in the UAE insurance market as a mid-tier player, reporting insurance revenue of AED 1,017.0 million in 2025 (AED 874.0 million in 2024). NGI\u2019s net insurance revenue is largely concentrated in the UAE market, and the company\u2019s revenue is weighted toward medical business on a net basis. AM Best expects the company to grow modestly over the short-to-medium term through strategic partnerships and innovative product offerings, with a focus on achieving bottom line profitability and maintaining a balanced underwriting portfolio.<\/p>

\nThis press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s Recent Rating Activity<\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best\u2019s Credit Ratings<\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best\u2019s Ratings & Assessments<\/a>.<\/b><\/p>

\nAM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com<\/a>.<\/b><\/p>

\nCopyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

\nStanislav Stoev, ACCA, CFA<\/b>Senior Financial Analyst<\/b>+44 20 7397 0306<\/b>stanislav.stoev@ambest.com<\/a><\/p>

\nTim Prince<\/b>Director, Analytics<\/b>+44 20 7397 0320<\/b>timothy.prince@ambest.com<\/a><\/p>

\nChristopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a><\/p>

\nAl Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

LONDON–(BUSINESS WIRE)–#insurance–AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of \u201ca-\u201d (Excellent) of National General Insurance Company (P.J.S.C.) (NGI) (United Arab Emirates). The outl…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15578","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15578"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15578\/revisions"}],"predecessor-version":[{"id":15579,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/15578\/revisions\/15579"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}