Insurance – GCR

GCR upgrades ICEA LION Tanzania’s national scale financial strength rating to BBB-_(TZ), from BB+_(TZ), on improved competitiveness and earnings; Outlook Stable

Aug 26, 2021

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…

Announcements Insurance Rating Alerts

GCR places The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating of AA_(TZ) on “Review Extension”

Aug 23, 2021

Tagged in: Tanzania

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…

Announcements Insurance Rating Alerts

GCR places Jubilee Tanzania’s Outlook on Rating Watch Positive, due to pending regulatory approval for general business unbundling, amidst positive financial profile trends

Jul 9, 2021

Tagged in: Tanzania

Rating action Johannesburg, 09 July 2021 – GCR Ratings (“GCR”) has affirmed The Jubilee Insurance Company of Tanzania Limited’s (“Jubilee Tanzania”) national scale financial strength…

Announcements Insurance Rating Alerts

GCR affirms Phoenix of Tanzania Assurance Company Limited’s national scale financial strength rating of
AA-_(TZ); Outlook Stable

Dec 23, 2020

Tagged in: Tanzania

Rating action Nairobi, 23 December 2020 – GCR Ratings (“GCR”) has affirmed Phoenix of Tanzania Assurance Company Limited’s (“Phoenix Tanzania”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms Alliance Insurance Corporation Limited’s national scale financial strength rating of A+_(TZ); Outlook Stable

Oct 27, 2020

Tagged in: Tanzania

Rating action Johannesburg, 27 October 2020 – GCR Ratings (“GCR”) has affirmed Alliance Insurance Corporation Limited’s (“Alliance”) national scale financial strength rating of A+(TZ), with…

Announcements Insurance Rating Alerts

GCR affirms Sanlam Life Insurance (Tanzania) Limited’s national scale financial strength rating of AA-_(TZ) ; Outlook Negative

Oct 19, 2020

Tagged in: Tanzania

Rating action Johannesburg, 19 October 2020 – GCR Ratings (“GCR”) has affirmed Sanlam Life Insurance (Tanzania) Limited’s (“Sanlam Life Tanzania”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms Heritage Tanzania’s national scale financial strength rating of AA_(TZ); Outlook Stable

Aug 20, 2020

Tagged in: Tanzania

Rating action Johannesburg, 20 August 2020 – GCR Ratings (“GCR”) has affirmed The Heritage Insurance Company Tanzania Limited’s (“Heritage Tanzania”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms ICEA LION Tanzania’s national scale financial strength rating of BB+_(TZ); Outlook Stable

Aug 12, 2020

Tagged in: Tanzania

Rating action Johannesburg, 12 August 2020 – GCR Ratings (“GCR”) has affirmed ICEA LION General Insurance Company (Tanzania) Limited’s (“ICEA LION Tanzania”) national scale financial…

Announcements Insurance Rating Alerts

GCR affirms The Jubilee Insurance Company of Tanzania Limited’s national scale financial strength rating of A_(TZ); Outlook Stable

Jul 8, 2020

Tagged in: Tanzania

Rating action Johannesburg, 08 July 2020 – GCR Ratings (“GCR”) has affirmed The Jubilee Insurance Company of Tanzania Limited’s (“Jubilee Tanzania”) national scale financial strength…

Announcements Insurance Rating Alerts

GCR affirms Sanlam Life Insurance (Tanzania) Limited’s national scale financial strength rating of AA-_(TZ); Outlook Stable

Dec 11, 2019

Tagged in: Tanzania

Rating Action Johannesburg, 11 December 2019 – GCR Ratings (“GCR”) has affirmed Sanlam Life Insurance (Tanzania) Limited’s (“Sanlam Life Tanzania”) national scale financial strength rating…