Rating Action Johannesburg, 18 October 2019 – GCR Ratings (“GCR”) has downgraded Transmed Medical Fund’s (“Transmed”) national scale financial strength (formerly claims paying ability) rating to BB(ZA), from BB+(ZA), Negative Outlook. Rated Entity / Issue Rating class Rating scale Rating Outlook/Watch Transmed Medical Fund Financial strength National BB(ZA) Negative Outlook GCR announced that it had...
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