GCR downgrades SONAR IARD’s national scale financial strength rating to A(BF) from A+(BF) due to sustained pressure on financial profile; Outlook Stable
Rating action Johannesburg, 01 December 2021 – GCR Ratings (“GCR”) has downgraded Société Nationale d’Assurances et de Réassurances’ (“SONAR IARD” or “the insurer”) national scale…