Rating Action Johannesburg, 2 October 2019 – GCR Ratings (“GCR”) has downgraded First Assurance Company Limited’s (“First Assurance”) national scale financial strength (formerly claims ability) rating to BBB+(KE), Outlook Negative from A-(KE), Stable Outlook. Rated Entity / Issue Rating class Rating scale Rating Outlook/Watch First Assurance Company Limited Financial strength National BBB+(KE) Negative Outlook GCR...
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