Insurance – GCR

GCR affirms Genric Insurance Company Limited national scale financial strength rating of A-_(ZA); Outlook Stable

May 4, 2021

Rating Action Johannesburg, 4 May 2021 – GCR Ratings (“GCR”) has affirmed Genric Insurance Company Limited’s (“Genric”) national scale financial strength rating of A-(ZA), Stable…

Announcements Insurance Rating Alerts

GCR affirms Sizwe’s national scale financial strength rating of A+_(ZA) after court dismissal of curatorship application and approved amalgamation with Hosmed; Stable Outlook

Apr 22, 2021

Tagged in: South Africa

Rating action Johannesburg, 22 April 2021 – GCR Ratings (“GCR”) has affirmed Sizwe Medical Fund’s (“Sizwe”) national scale financial strength rating of A+(ZA), with the…

Announcements Insurance Medical Scheme Rating Alerts

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

Apr 16, 2021

Tagged in: South Africa

Rating action Johannesburg, 16 April 2021 – 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 Compass Insure’s national scale financial strength rating of AA_(ZA); Outlook Stable

Apr 9, 2021

Tagged in: South Africa

Rating action Johannesburg, 09 April 2021 – 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 lowers Swan General’s international scale financial strength rating to BB, due to high economic headwinds; Outlook Stable

Mar 31, 2021

Tagged in: Mauritius

Rating action Ebene, 31 March 2021 – GCR Ratings (“GCR”) has downgraded Swan General Ltd’s (“Swan General”) international scale financial strength rating to BB, from…

Announcements Insurance Rating Alerts

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

Mar 31, 2021

Tagged in: Togo

Rating action Johannesburg, 31 March 2021 – GCR Ratings (“GCR”) has affirmed Joint Reinsurance Company of Member States of CIMA’s (“CICA Re”) national scale financial…

Announcements Insurance Rating Alerts

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

Mar 9, 2021

Tagged in: South Africa

Rating action Johannesburg, 09 March 2021 – 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 places CICA Re’s financial strength ratings on “Review Extension”

Feb 26, 2021

Tagged in: Togo

Rating action Johannesburg, 26 February 2021 – GCR Ratings (“GCR”) has placed Joint Reinsurance Company of Member States of CIMA’s (“CICA Re”) national scale financial…

Announcements Insurance Rating Alerts

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

Feb 26, 2021

Tagged in: Madagascar

Rating action Johannesburg, 26 February 2021 – GCR Ratings (“GCR”) has affirmed Assurances Réassurances Omnibranches’ (“ARO”) national scale financial strength rating of AA(MG); Outlook Stable.…

Announcements Insurance Medical Scheme

Discovery Health Medical Scheme proposed amalgamation with Quantum Medical Aid Society viewed to be credit neutral

Feb 18, 2021

Tagged in: South Africa

Johannesburg, 18 February 2021 – GCR Ratings (“GCR”) views the recently announced proposed amalgamation between Discovery Health Medical Scheme (“DHMS”) and Quantum Medical Aid Society…

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