On April 30, 2026, Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) announced that Moody's Ratings affirmed its Insurance Financial Strength Rating (IFSR) at A3 with a stable outlook on April 28, 2026. The rating affirmation reflects the company's strong market position as the third largest player in the Saudi Arabian insurance market with an 8.3% market share in terms of insurance revenue in 2025, good asset quality driven by conservative investment strategy, consistently good profitability with return on capital of 18.1% at year-end 2025, and low reserve risk with strong reserving accuracy track record.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.