Johannesburg, 01 June 2014–Global Credit Ratings has placed GA Angola Seguros S.A.’s national scale claims paying ability rating of A(AO) “Under Review”. While the rating recently expired, GCR is far advanced with the current rating review and expects to publically release the updated rating results by 30 June 2014.
NATIONAL SCALE RATINGS HISTORY
Initial rating (August/2007)
Claims paying ability: BBB+(AO)
Last rating (May/2013)
Claims paying ability: A(AO)
Sector Head: Insurance
Sector Head: Corporate ratings
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GCR places GA Angola Seguros S.A.’s national scale rating of A(AO) ‘Under Review’