Insurance – GCR Ratings

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

Mar 22, 2023

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…

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…

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),…

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…

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),…

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Rating action Johannesburg, 10 March 2023 – GCR Ratings (“GCR”) has withdrawn the international scale financial strength rating on Emeritus Reinsurance (Private) Limited (“Emeritus Re”),…

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…

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)…

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…

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…