OREANDA-NEWS. A.M. Best has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and the issuer credit rating to “a-” from “bbb+” of Abu Dhabi National Takaful Company P.S.C. (ADNTC) (United Arab Emirates). The outlook for each rating has been revised to stable from positive.

The rating upgrades reflect ADNTC’s excellent risk-adjusted capitalisation, consistently strong technical performance and niche market profile as a leading takaful operator in the United Arab Emirates (UAE).