Noor Takaful Family, Noor Takaful General 'BBB-' Ratings on CreditWatch Negative, says S&P

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Saturday 31, December 2011 by Robin Amlôt

Noor Takaful Family, Noor Takaful General 'BBB-' Ratings on CreditWatch Negative, says S&P

United Arab Emirates-based Noor Takaful General PJSC (NTG) has materially underperformed Standard & Poor's expectations in 2011, which, the agency says, may have caused significant erosion of capital strength and liquidity.

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