Insurance – GCR

Insurance

GCR downgrades Radiant’s rating to BBB_(RW), on elevated financial profile impact from higher accident claims benchmark; Outlook Negative

Aug 4, 2020

Tagged in: Rwanda

Rating action Johannesburg, 04 August 2020 – GCR Ratings (“GCR”) has downgraded Radiant Insurance Company Limited’s (“Radiant”) national scale financial strength rating to BBB(RW) from…

Announcements Insurance Rating Alerts

GCR affirms Radiant Insurance Company Limited’s national scale financial strength rating of A-_(RW); Outlook Stable

Nov 13, 2019

Tagged in: Rwanda

Rating Action Johannesburg, 13 November 2019 – GCR Ratings (“GCR”) has affirmed Radiant Insurance Company Limited’s (“Radiant”) national scale financial strength (formerly claims paying ability)…

GCR's RESPONSE TO COVID-19

GCR continues to monitor the ever-evolving situation surrounding the COVID-19 pandemic. The health and well-being of our staff members and all our stakeholders is of the utmost importance to us.

GCR has taken a number of precautionary measures to minimise the likelihood of transmission and impact, while our staff members have been strongly encouraged to work remotely from home.

GCR has in place secure technological platforms that will enable the best possible remote engagements with our rated issuers, the investor community and all other market participants.

GCR continues to actively monitor the countries, sectors and issue(r)s within its ratings universe, and will continue to provide timely and accurate credit ratings, alongside useful credit research regarding market developments.

GCR thanks you for your continued support and trust, particularly in these challenging times.