Insurance – GCR

Tagged in: Kenya

Nairobi, 10 May 2022 – GCR Ratings (“GCR”) has withdrawn UAP Old Mutual Insurance Uganda Limited’s (“UAP Old Mutual Uganda”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR withdraws UAP Kenya’s national scale financial strength rating without review

May 10, 2022

Tagged in: Kenya

Nairobi, 10 May 2022 – GCR Ratings (“GCR”) has withdrawn UAP Insurance Company Limited’s (“UAP Kenya”) national scale financial strength rating of A-(KE). The rating…

Announcements Insurance Rating Alerts

GCR affirms Professional Insurance Corporation Zambia PLC’s national scale financial strength rating of A+_(ZM); Outlook Stable

May 5, 2022

Tagged in: Zimbabwe

Credit Rating Action Johannesburg, 05 May 2022 – GCR Ratings (“GCR”) has affirmed Professional Insurance Corporation Zambia PLC’s (“PICZ”) national scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR upgrades Old Mutual Insurance Company (Private) Limited’s national scale financial strength rating to AA_(ZW); Outlook Stable

Apr 29, 2022

Tagged in: Zimbabwe

Rating action Johannesburg, 29th April 2022 – GCR Ratings (“GCR”) has upgraded Old Mutual Insurance Company (Private) Limited’s (“OMICO”) national scale financial strength rating to…

Announcements Insurance Medical Scheme Rating Alerts

GCR places Sizwe Medical Scheme’s national scale financial strength rating of A+_(ZA); on ‘Review Extension’

Apr 29, 2022

Tagged in: South Africa

Rating action Johannesburg, 29 April 2022 – GCR Ratings (“GCR”) has placed Sizwe Medical Scheme’s (“Sizwe”) national scale financial strength rating of A+(ZA) on ‘Review…

Announcements Insurance Rating Alerts

GCR affirms CICA Re’s international and national scale financial strength ratings of BB+ and AAA_(TG), with both ratings maintained on Stable Outlook.

Apr 25, 2022

Tagged in: Togo

Rating action Ebene, 25 April 2022 – GCR Ratings (“GCR”) has affirmed Joint Reinsurance Company of Member States of CIMA’s (“CICA Re”, “reinsurer”) international scale…

Announcements Insurance Medical Scheme Rating Alerts

GCR affirms DHMS’s national scale financial strength rating of AAA_(ZA); Outlook Stable

Apr 13, 2022

Tagged in: South Africa

Rating action Johannesburg, 13 April 2022 – GCR Ratings (“GCR”) has affirmed Discovery Health Medical Scheme’s (“DHMS”) national scale financial strength rating of AAA(ZA), with…

Announcements Insurance Rating Alerts

GCR affirms Assurances Réassurances Omnibranches’ national scale financial strength rating of AA_(MG); Outlook Stable

Mar 31, 2022

Tagged in: Madagascar

Rating action Johannesburg, 31 March 2022 – GCR Ratings (“GCR”) has affirmed Assurances Réassurances Omnibranches’ (“ARO”) national scale financial strength rating of AA(MG); Outlook Stable.…

Announcements Insurance Rating Alerts

GCR assigns Staco Insurance Company SL Limited an initial national scale financial strength rating of A+_(SL); Outlook Stable

Mar 31, 2022

Tagged in: Sierra Leone

Rating Action Lagos, 31 March 2022 – GCR Ratings (“GCR”) has assigned Staco Insurance Company SL Limited (“Staco” or “the insurer”) an initial national scale…

Announcements Insurance Rating Alerts

GCR affirms Swan General Ltd’s national and international scale financial strength rating of A+_(MU) and BB; Outlooks Stable.

Mar 29, 2022

Tagged in: Mauritius

Rating action Ebene, 29 March 2022 – GCR Ratings (“GCR”) has affirmed Swan General Ltd’s (“Swan General”) national scale financial strength rating of A+(MU) and…