Thursday 12, January 2012 by Robin Amlôt

S&P cuts ratings on Noor Takaful

Standard & Poor's Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on United Arab Emirates (UAE)-based insurance companies Noor Takaful Family (NTF) and Noor Takaful General (NTG) to 'BB+' from 'BBB-'.

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