Category: Insurance

Lagos, 29 July 2022 – GCR Ratings (“GCR”) has withdrawn the International Scale and the Nigerian national scale Financial Strength ratings of B+(WD) and AAA(NG)(WD)…

Lagos, 27 July 2022 – GCR Ratings (“GCR”) has affirmed NEM Insurance Plc’s (“NEM” or “the insurer”) national scale financial strength rating of AA-(NG); with…

Lagos, 14 July 2022 – GCR Ratings (“GCR”) has affirmed Leadway Assurance Company Limited’s national scale financial strength rating of AA(NG); with a Stable Outlook.…

Lagos, 14 December 2021 – GCR Ratings (“GCR”) has affirmed Tangerine General Insurance Limited’s national scale financial strength (formerly claims paying ability) rating of A-(NG),…

Lagos, 13 December 2021 – GCR Ratings (“GCR”) has revised Sovereign Trust Insurance Plc’s (“STI”) national scale financial strength (formerly claims paying ability) rating to…

Lagos, 13 December 2021 – GCR Ratings (“GCR”) has revised AIICO Insurance Plc’s (“AIICO” or “the insurer”) national scale financial strength (formerly claims paying ability)…

Lagos, 29 November 2021 – GCR Ratings (“GCR”) has revised Custodian Life Assurance Company Limited’s national scale financial strength rating to A+(NG) from A(NG). The…

Rating Action Lagos, 20 October 2021 – GCR Ratings (“GCR”) has revised Leadway Assurance Company Limited’s national scale financial strength rating (formerly claims paying ability)…

Lagos, 06 August 2021 – GCR Ratings (“GCR”) has assigned an initial national scale financial strength rating of A-(NG) to Lasaco Assurance Plc, with a…

Lagos, 23 July 2021 – GCR Ratings (“GCR”) has affirmed WAICA Reinsurance Corporation Plc’s (“WAICA Re”) international scale financial strength rating of ‘B+’, with a…