S&P Global Ratings reaffirmed the 'A' issuer credit and insurer financial strength ratings for Sukoon Insurance and its subsidiary Sukoon Takaful, with a stable outlook.
The ratings reflect the company's risk-based capital adequacy, material financial buffers, and effective reinsurance protections against macroeconomic and geopolitical volatility.
The company reported 2025 gross written premiums (GWP) of AED 7 billion and a solvency ratio of 275%.
S&P recognized successful diversification into life, pensions, and savings products, including the recent launches of Go Saver and Purple Investment.