GCR places Bonitas Medical Fund’s national scale rating ‘Under Review’
Johannesburg, 1 August 2016 — Global Credit Ratings has today placed Bonitas Medical Fund’s national scale claims paying ability rating of AA-(ZA) ‘Under Review’. While the rating recently expired, GCR is far advanced with the current rating review and expects to publicly release the updated rating result by 31 August 2016.
NATIONAL SCALE RATINGS HISTORY
Initial rating (June 2000)
Claims paying ability: A(ZA)
Last rating (July 2015)
Claims paying ability: AA-(ZA)
Sector Head: Insurance Ratings
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