Rating action Johannesburg, 24 November 2022 – GCR Ratings (“GCR”) has revised FMRE Property & Casualty (Proprietary) Limited’s (“FM Re Botswana”) national scale financial strength rating for Botswana to BB-(BW) from B-(BW) with the Outlook kept on Evolving. Furthermore, we affirmed the international scale financial strength rating of B- with the Outlook maintained as Stable....
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