GCR places The Heritage Insurance Company Limited‘s national scale rating ‘Under Review’
Johannesburg, 28 September 2018 — Global Credit Ratings (“GCR”) has today placed The Heritage Insurance Company Limited’s national scale claims paying ability rating of AA-(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 (June 2007)
Claims paying ability: AA-(TZ)
Last rating (October 2017)
Claims Paying Ability: AA-(TZ)
Senior Credit Analyst
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