GCR places Activa Assurances Limited’s national scale financial strength rating of A+(CM) on ‘Review Extension’
Ebene, 20 December 2021 – GCR Ratings (“GCR”) has placed Activa Assurances Limited’s (“Activa Cameroon”) national scale financial strength rating of A+(CM) on ‘Review Extension’. The rating process is ongoing and GCR expects to update the rating by 31 January 2022. The rating assigned in the last review is still in effect and remains unchanged until the review process is completed.
GCR Ratings Scale, Symbols & Definitions, May 2019
GCR Country Risk Scores, December 2021
GCR Insurance Sector Risk Scores, December 2021
Claims paying ability
SALIENT POINTS OF ACCORDED RATING
GCR affirms that a.) no part of the rating process was influenced by any other business activities of the credit rating agency; b.) the rating is based solely on the merits of the rated entity, security or financial instrument being rated; and c.) such rating is an independent evaluation of the risks and merits of the rated entity, security or financial instrument.
The credit rating has been disclosed to the rated entity. The rating was solicited by, or on behalf of, the rated entity, and therefore, GCR has been compensated for the provision of the rating. The rated entity participated in the rating process via written correspondence.
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