Egypt: AM Best asserts Mohandes Insurance’s financial strength rating at ‘B’

The rating agency has maintained the Egypt National Scale Rating at ‘aaa.EG’ exceptional, with a stable outlook.

Staff Writer, Arab Finance

February 5, 2026

PHOTO

AM Best has affirmed the financial strength rating of Mohandes Insurance (MOIN) at ‘B’ fair, while the long-term issuer credit rating was ‘bb’ fair, as per a bourse disclosure.

Moreover, the rating agency has maintained the Egypt National Scale Rating at ‘aaa.EG’ exceptional, with a stable outlook.

These ratings reflect Mohandes Insurance’s solid financial solvency position.

The company’s board members recently approved its estimated budget for 2026, targeting net profits of EGP 326 million.

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