Al Fujairah National Insurance Company PJSC

BestLink

AMB #: 090711

Stock Ticker: Abu Dhabi Securities Exchange ADX AFNIC

Mailing Address
PO Box 277
Fujairah,

United Arab Emirates

Web: www.afnic.ae

Phone: 971-9-223-3355

Fax: 971-9-222-4344

View Additional Address Information

Domiciliary Address
8th Floor, Insurance Bldg. Hamad Bin Abdullah St.
Fujairah,
United Arab Emirates

Assigned to insurance companies that have, in our opinion, a good ability to meet their ongoing insurance obligations.

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Best's Credit Ratings

Financial Strength View Definition

Rating (Rating Category):	B++ (Good)
Outlook (or Implication):	Negative
Action:	Affirmed
Effective Date:	December 16, 2024
Initial Rating Date:	October 27, 2021

Long-Term Issuer Credit View Definition

Rating (Rating Category):	bbb (Good)
Outlook (or Implication):	Negative
Action:	Affirmed
Effective Date:	December 16, 2024
Initial Rating Date:	October 27, 2021

Financial Size Category View Definition

Financial Size Category:

VII (USD 50 Million to Less than 100 Million)

u Denotes Under Review Best's Rating

Best's Credit Rating Analyst

Rating Office: A.M. Best Europe - Rating Services Ltd.

Financial Analyst: Saad Abbasi

Director: Jessica Botelho-Young, CA

Note: See the Disclosure information Form or Press Release below for the office and analyst at the time of the rating event.

Note: Credit Ratings on this company are European Union Endorsed

Disclosure Information

Disclosure Information Form
View AM Best's Rating Disclosure Form

Press Release
AM Best Affirms Credit Ratings of Al Fujairah National Insurance Company PJSC
December 16, 2024

Rating History

A.M. Best has provided ratings & analysis on this company since 2021.

Financial Strength Rating

Effective Date	Rating
December 16, 2024	B++
December 07, 2023	B++
November 23, 2022	B++
October 27, 2021	B++

Long-Term Issuer Credit Rating

Effective Date	Rating
December 16, 2024	bbb
December 07, 2023	bbb
November 23, 2022	bbb
October 27, 2021	bbb

Best's Credit & Financial Reports

Best's Credit Report - financial data included in Best's Credit Report reflects the data used in determining the current credit rating(s).

Best's Credit Report - Archive - reports which were released prior to the current Best's Credit Report.

Best's Financial Report - financial data included in Best's Financial Report reflects the most current data available to AM Best, including updated financial exhibits and additional company information, and is available to subscribers of Best's Insurance Reports.

Best's Financial Report - Archive - reports which were released prior to the current Best's Financial Report.

View additional news, reports and products for this company.

Press Releases

Date	Title


Dec 16, 2024	AM Best Affirms Credit Ratings of Al Fujairah National Insurance Company PJSC
Dec 07, 2023	AM Best Affirms Credit Ratings of Al Fujairah National Insurance Company PJSC
Nov 23, 2022	AM Best Revises Outlooks to Negative for Al Fujairah National Insurance Company PJSC
Oct 27, 2021	AM Best Assigns Credit Ratings to Al Fujairah National Insurance Company PJSC