GCR places Reliance Insurance Company (Tanzania) Limited‘s national scale rating ‘Under Review??
Johannesburg, 28 September 2018 — Global Credit Ratings (“GCR”) has today placed Reliance Insurance Company (Tanzania) Limited’s national scale claims paying ability rating of A+(TZ) ‘Under Review’. While the rating is due to be reviewed by 30 September 2018, GCR is far advanced with the current rating review and expects to publicly release the updated rating results by the end of October 2018.
NATIONAL SCALE RATINGS HISTORY
Initial rating (July 2008)
Claims paying ability: A(TZ)
Last rating (October 2017)
Claims Paying Ability: A+(TZ)
Sector Head: Insurance Ratings
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