Tag Archives: GIG Gulf

AM Best Affirms GIG Gulf’s Financial Strength Rating of “A (Excellent)” for the Fifth Consecutive Year

Dubai, UAE – 27 October 2025 – GIG Gulf, part of Gulf Insurance Group K.S.C.P., today announced that AM Best has affirmed its Financial Strength Rating (FSR) of A (Excellent) and Long-Term Issuer Credit Rating (ICR) of “a+” (Excellent), which marks the fifth consecutive year that GIG Gulf has maintained its A (Excellent) rating with no changes compared to last year’s assessment. The outlook for both ratings remains stable, confirming our robust financial position.

GIG Gulf’s established presence in the region is a key differentiator. The company ranks among the top five insurers in its core markets, with presence in Bahrain, Oman, Qatar, and the United Arab Emirates. Additionally, GIG Gulf holds a 50% stake in Gulf Insurance Group (a Saudi Joint Stock Company) in Saudi Arabia, further reinforcing its diversification and ability to offer compliant solutions across the region.

Continue reading AM Best Affirms GIG Gulf’s Financial Strength Rating of “A (Excellent)” for the Fifth Consecutive Year