Rating action Nairobi, 18th October 2021 – GCR Ratings (“GCR”) has downgraded Sanlam Life Insurance Limited’s (“Sanlam Life Kenya”) national scale financial strength rating to BBB(KE), from A(KE); Stable Outlook. Subsequently, the rating has been withdrawn due to business reasons. Accordingly, GCR will no longer provide coverage on the issuer. Rated Entity / Issue Rating...
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