Moody’s affirms Sukoon Insurance’s rating

Moody’s has affirmed Sukoon Insurance’s “A2” financial strength rating, with a stable outlook.

The rating reflects the insurer’s strong position in the UAE market, diversified business profile, high-quality assets and strong capital adequacy.

According to Moody’s, Sukoon’s strong capital base and ample liquidity reserves provide it with resilience against regional financial pressures.