Insurance – GCR Ratings

Tagged in: Eswatini

Rating action Johannesburg, 11 October 2024 – GCR Ratings (GCR) has placed Lidwala Insurance Company Limited’s national scale financial strength rating of A+(SZ) on ‘Review…

Announcements Insurance Rating Alerts

GCR withdraws the ratings on Occidental Insurance Company Limited’s national scale financial strength rating of CCC-_(KE); Outlook Negative.

October 4, 2024

Tagged in: Kenya

Nairobi, 04 October 2024 – GCR Ratings (GCR) has withdrawn the ratings on Occidental Insurance Company Limited’s national scale financial strength rating of CCC-(KE) negative…

Announcements Insurance Rating Alerts

GCR affirms Star Assurance Company Limited’s national scale financial strength rating of A-_(GH); with the rating placed on Rating Watch Evolving amidst plans to reallocate investments to enhance the liquidity profile.

September 30, 2024

Tagged in: Ghana

Ebene, 30 September 2024 – GCR Ratings (GCR) has affirmed Star Assurance Company Limited’s (Star) national scale financial strength rating of A-(GH). Concurrently, the rating…

Announcements Insurance Rating Alerts

GCR places The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating of AA_(TZ) on Rating Watch Evolving

September 30, 2024

Tagged in: Kenya

Nairobi, 30 September 2024 – GCR Ratings (GCR) has affirmed The Heritage Insurance Company Tanzania Limited’s (Heritage Tanzania or the insurer) national scale financial strength…

Announcements Insurance Rating Alerts

GCR affirms Lasaco Assurance Plc’s national scale financial strength rating of A_(NG); Outlook Stable

September 30, 2024

Tagged in: Nigeria

Lagos, 30 September 2024 – GCR Ratings (GCR) has affirmed Lasaco Assurance Plc’s national scale financial strength rating of A(NG), with a Stable Outlook. Rated…

Announcements Insurance Rating Alerts

GCR affirms APA Insurance Limited’s national scale financial strength rating of AA-_(KE); Outlook Stable

September 30, 2024

Tagged in: Kenya

Nairobi, 30 September 2024 – GCR Ratings (GCR) has affirmed APA Insurance Limited’s (APA) national scale financial strength rating of AA-(KE), with the Outlook maintained…

Announcements Medical Scheme Rating Alerts

GCR affirms Medshield Medical Scheme’s national scale financial strength rating of AA-_(ZA); Outlook Positive

September 30, 2024

Tagged in: South Africa

Johannesburg, 30 September 2024 – GCR Ratings (GCR) has affirmed Medshield Medical Scheme’s (Medshield or the scheme) national scale financial strength rating of AA-(ZA), with…

Announcements Insurance Rating Alerts

GCR downgrades Jubilee Health Insurance company of Tanzania Limited’s national scale financial strength rating to A-_(TZ) on weaker financial profile; Outlook Stable.

September 30, 2024

Tagged in: Kenya

Nairobi, 30 September 2024 – GCR Ratings (GCR) has downgraded Jubilee Health Insurance Company of Tanzania Limited’s (Jubilee Health Tanzania or insurer) national scale financial…

Announcements Insurance Rating Alerts

GCR affirms The Heritage Insurance Company Kenya Limited’s national scale financial strength rating of AA+_(KE), Outlook Stable.

September 30, 2024

Tagged in: Kenya

Nairobi, 30 September 2024 – GCR Ratings (GCR) has affirmed The Heritage Insurance Company Kenya Limited’s (Heritage Kenya) national scale financial strength rating of AA+(KE),…

Announcements Insurance Rating Alerts

GCR affirms Liberty Life Assurance Kenya Limited’s national scale financial strength rating of AA(KE); Outlook Stable

September 27, 2024

Tagged in: Kenya

Rating action Nairobi, 27 September 2024 – GCR Ratings (GCR) has affirmed Liberty Life Assurance Kenya Limited’s (Liberty Life Kenya or the insurer) national scale…