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Category: Insurance

Announcements Insurance Rating Alerts

GCR affirms Genric’s national scale financial strength rating of A-(ZA); Outlook revised to Positive from Evolving Watch

Mar 22, 2023
Tagged in: South Africa
Rating action Johannesburg, 22 March 2023 – GCR Ratings (“GCR”) has affirmed Genric Insurance Company Limited’s (“Genric”) national scale financial strength rating of A-(ZA), with…
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Announcements Insurance Rating Alerts

GCR maintains Jubilee Life Insurance Limited’s national scale financial strength rating on ‘Review Extension’

Mar 22, 2023
Tagged in: Kenya
Rating Action Johannesburg, 22 March 2023 – GCR Ratings (“GCR”) has maintained Jubilee Life Insurance Limited’s (“Jubilee Life Kenya”) national scale financial strength rating of…
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Announcements Insurance Rating Alerts

GCR affirms The Hollard Insurance Company Limited’s national scale financial strength rating of AA(ZA); Outlook Stable

Mar 17, 2023
Tagged in: South Africa
Rating Action Johannesburg, 17 March 2023 – GCR Ratings (“GCR”) has affirmed The Hollard Insurance Company Limited’s (“THIC”) national scale financial strength rating of AA(ZA),…
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Announcements Insurance Rating Alerts

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

Mar 15, 2023
Tagged in: Madagascar
Rating action Johannesburg, 15th March 2023 – GCR Ratings (“GCR”) has affirmed Assurances Réassurances Omnibranches’ (“ARO”) national scale financial strength rating of AA(MG), with a…
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Announcements Insurance Rating Alerts

GCR affirms Compass Insure’s national scale financial strength rating of AA(ZA); Outlook Stable

Mar 14, 2023
Tagged in: South Africa
Rating action Johannesburg, 14 March 2023 – GCR Ratings (“GCR”) has affirmed Compass Insurance Company Limited’s (“Compass Insure”) national scale financial strength rating of AA(ZA),…
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Announcements Insurance Rating Alerts

GCR withdraws the international scale financial strength rating on Emeritus Reinsurance (Private) Limited

Mar 10, 2023
Tagged in: Zimbabwe
Rating action Johannesburg, 10 March 2023 – GCR Ratings (“GCR”) has withdrawn the international scale financial strength rating on Emeritus Reinsurance (Private) Limited (“Emeritus Re”),…
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Announcements Insurance Rating Alerts

GCR places First Assurance Company Limited’s national scale financial strength rating of BBB+ (KE) on Negative Watch.

Mar 8, 2023
Tagged in: Kenya
Rating Action Nairobi, 8 March 2023 – GCR Ratings (“GCR”) has simultaneously affirmed and placed First Assurance Company Limited’s (“First Assurance”) national scale financial strength…
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Announcements Insurance Rating Alerts

GCR places NSIA Insurance’s Ghanaian financial strength rating on Negative Watch due to credit profile stress from the sovereign domestic debt exchange program

Mar 6, 2023
Tagged in: Ghana
Rating Action Johannesburg, 06 March 2023 – GCR Ratings (“GCR”) has placed NSIA Insurance Company Limited’s (“NSIA Insurance”) national scale financial strength rating of A-(GH)…
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Announcements Insurance Rating Alerts

GCR places Star’s Ghanaian financial strength rating on Negative Watch due to credit profile stress from the sovereign domestic debt exchange program

Mar 6, 2023
Tagged in: Ghana
Rating Action Johannesburg, 06 March 2023 – GCR Ratings (“GCR”) has placed Star Assurance Company Limited’s (“Star”) national scale financial strength rating of A-(GH) on…
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Announcements Insurance Rating Alerts

GCR places Mainstream Re’s ratings on Negative Watch due to credit profile stress from the sovereign domestic debt exchange program

Mar 3, 2023
Rating action Johannesburg, 03 March 2023 – GCR Ratings (“GCR”) has placed Mainstream Reinsurance Company Limited’s (“Mainstream Re”) respective national and international scale financial strength…
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