GCR affirms AA Benin’s national scale financial strength rating on healthy financial profile, despite pressures from higher operating environment risks

GCR maintains Insurance Sector Risk Scores for Benin, Burkina Faso, Cameroon and Cote d’Ivoire
The Insurance sector risk score (ranging from 0 to 15) is a key factor in the operating environment component score. The core of the GCR Ratings Framework is based on GCR’s opinion that an entity’s operating environment largely frames its creditworthiness.
GCR affirms L’Africaine des Assurances Limited’s national scale rating of A(BJ); Outlook revised to Stable.
GCR affirms L’Africaine des Assurances Limited’s rating of A(BJ); Outlook Negative.
Johannesburg, 30 November 2018 — Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to L’Africaine des Assurances Limited of A(BJ), with the outlook accorded as Negative. The rating is valid until November 2019. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the above credit rating to L’Africaine des […]
GCR affirms L’Africaine des Assurances Limited’s rating of A(BJ); Outlook Stable.
Johannesburg, 28 November 2017 — Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to L’Africaine des Assurances Limited of A(BJ), with the outlook accorded as Stable. The rating is valid until November 2018. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the above credit rating to L’Africaine des […]
GCR affirms L’Africaine des Assurances Limited’s rating of A(BJ); Outlook Stable.
Johannesburg, 05 Dec 2016 — Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to L’Africaine des Assurances Limited of A(BJ), with the outlook accorded as Stable. The rating is valid until November 2017. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the above credit rating to L’Africaine des […]
GCR affirms L’Africaine des Assurances Limited’s rating of A(BJ); Outlook Stable.
Johannesburg, 1 December 2015 — Global Credit Ratings has today affirmed the national scale claims paying ability rating assigned to L’Africaine des Assurances Limited of A(BJ), with the outlook accorded as Stable. The rating is valid until November 2016. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the above credit rating to L’Africaine des […]
GCR accords an initial rating of A(BJ) to L’Africaine des Assurances Limited; Outlook Stable.
Johannesburg, 02 Dec 2014 — Global Credit Ratings has today assigned a national scale claims paying ability rating to L’Africaine des Assurances Limited of A(BJ); with the outlook accorded as Stable. The rating is valid until 11/2015. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the above credit rating to L’Africaine des Assurances Limited […]