AM Best, a credit rating agency for insurance and reinsurance companies, has rated ‘B’ on overall financial strength, ‘BB+’ on long-term credit rating of ‘Mandal Daatgal’ JSC /MSE: MNDL/. The rating was based on multidisciplinary study of the company, with its financial performance and previous performance which was described as ‘Strong’.

Founded in 1899, AM Best is leading U.S. -based credit rating agency with operations in major cities in more than 100 countries, including New York, London, Amsterdam, Dubai, Hong Kong and Singapore.

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