OREANDA-NEWS. A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Doha Insurance Company Q.S.C. (DIC) (Qatar). The outlook for each rating remains stable.

The ratings reflect DIC’s very strong risk-adjusted capitalisation, solid position within the Qatar insurance market and track record of good operating performance. Offsetting rating factors are the company’s underdeveloped risk management framework and execution risk associated with the company’s planned expansion.