MEA:AM Best upgrades credit ratings of FAIR Oil & Energy Insurance Syndicate

By MEIR team | 06 Apr 2025

AM Best has upgraded the Financial Strength Rating to 'B++' (Good) from 'B+' (Good) and the Long-Term Issuer Credit Rating to 'bbb' (Good) from 'bbb-' (Good) of Bahrain-based FAIR Oil & Energy Insurance Syndicate (FOEIS) with a 'Stable' credit rating outlook for both.

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