Rating action Johannesburg, 20 August 2021 – GCR Ratings (“GCR”) has downgraded Radiant Insurance Company Limited’s (“Radiant”) national scale financial strength rating to BB+(RW) from BBB(RW), with the Outlook accorded as Negative. Rated entity / issue Rating class Rating scale Rating Outlook/Watch Radiant Insurance Company Limited Financial strength National BB+(RW) Negative Outlook Rating rationale The...
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