GCR places various insurance entities ‘under criteria observation’
Rating action Johannesburg, 22 February 2022 – GCR Ratings (“GCR”) has placed various insurance entities under criteria observation (“UCO”). This follows a change in the…
GCR extends the Rating Watch Positive on Jubilee Tanzania’s national scale financial strength rating pending regulatory approval(s) for disposal of the general insurance business
Rating action Johannesburg, 31st January 2022 – GCR Ratings (“GCR”) has extended the Rating Watch Positive on The Jubilee Insurance Company of Tanzania Limited’s (“Jubilee…
GCR affirms Alliance Insurance Corporation Limited’s national scale financial strength rating of A+(TZ); Outlook revised to Positive
Rating action Johannesburg, 23 November 2021 – GCR Ratings (“GCR”) has affirmed Alliance Insurance Corporation Limited’s (“Alliance”) national scale financial strength rating of A+(TZ), with…
GCR Upgrades Phoenix Tanzania’s national scale financial strength rating to AA(TZ), from AA-(TZ) on sustained financial profile strength, Outlook Stable.
Rating action Nairobi, 15th November 2021 – GCR Ratings (“GCR”) has upgraded Phoenix of Tanzania Assurance Limited’s (“Phoenix Tanzania”) national scale financial strength rating to…
GCR affirms Sanlam Life Insurance (Tanzania) Limited’s national scale financial strength rating of AA-(TZ); Outlook revised to Stable on solvency improvement
Rating action Johannesburg, 27 October 2021 – GCR Ratings (“GCR”) has affirmed Sanlam Life Insurance (Tanzania) Limited’s (“Sanlam Life Tanzania”) national scale financial strength rating…
GCR places Alliance Insurance Corporation Limited’s national scale financial strength rating of A+(TZ) on “Review Extension”
Rating action Johannesburg, 27 October 2021 – GCR Ratings (“GCR”) has placed Alliance Insurance Corporation Limited’s (“Alliance”) national scale financial strength rating of A+(TZ) on…
GCR affirms Reliance Insurance Company (Tanzania) Limited’s national scale financial strength rating of A(TZ); Outlook Stable.
Rating action Nairobi, 12 October 2021 – GCR Ratings (“GCR”) has affirmed Reliance Insurance Company (Tanzania) Limited’s (“Reliance”) national scale financial strength rating of A(TZ),…
GCR affirms The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating of AA(TZ); Outlook Stable
Rating action Johannesburg, 27 September 2021 – GCR Ratings (“GCR”) has affirmed The Heritage Insurance Company Tanzania Limited’s (“Heritage Tanzania”) national scale financial strength rating…
GCR upgrades ICEA LION Tanzania’s national scale financial strength rating to BBB-(TZ), from BB+(TZ), on improved competitiveness and earnings; Outlook Stable
Rating action Johannesburg, 26 August 2021 – GCR Ratings (“GCR”) has upgraded ICEA LION General Insurance Company (Tanzania) Limited’s (“ICEA LION Tanzania”) national scale financial…
GCR places The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating of AA(TZ) on “Review Extension”
Rating action Johannesburg, 23 August 2021 – GCR Ratings (“GCR”) has placed The Heritage Insurance Company Tanzania Limited’s (“Heritage Tanzania”) national scale financial strength rating…