Burkina Faso – GCR Ratings

GCR revises SONAR IARD’s national scale financial strength rating to A+_(BF) from A_(BF) on criteria change; Outlook Stable

Dec 7, 2022

Rating action Johannesburg, 07th December 2022 – GCR Ratings (“GCR”) has revised Société Nationale d’Assurances et de Réassurances’ (“SONAR IARD”) national scale financial strength rating…

Announcements Corporate Rating Alerts

GCR affirme la note d’émetteur de long terme de ‘BBB+(WU)’ de ONATEL SA sur son échelle régionale. En outre, une note d’émetteur de court terme de ‘A2(WU)’ lui a été accordée. La perspective est stable.

Nov 10, 2022

Tagged in: Burkina Faso

Action de notation Dakar, le 10 Novembre 2022 – GCR Ratings (« GCR ») a affirmé la note d’émetteur de long terme de BBB+(WU) de ONATEL SA…

Announcements Research

GCR Publishes Financial Institution and Corporate Sectors’ Risk Scores for WAEMU’s Countries

Jul 11, 2022

Tagged in: Burkina Faso | Guinea | Ivory Coast | Senegal | Sierra Leone

Summary 11 July 2022 – GCR Ratings (“GCR”) has published financial institution and corporate sectors’ risk scores for countries of the West African Economic Monetary…

Announcements Insurance Rating Alerts

GCR downgrades SONAR IARD’s national scale financial strength rating to A_(BF) from A+_(BF) due to sustained pressure on financial profile; Outlook Stable

Dec 1, 2021

Tagged in: Burkina Faso

Rating action Johannesburg, 01 December 2021 – GCR Ratings (“GCR”) has downgraded Société Nationale d’Assurances et de Réassurances’ (“SONAR IARD” or “the insurer”) national scale…

Announcements Research

GCR publishes its first regional risk score: the WAEMU score

Aug 5, 2021

Tagged in: Benin | Burkina Faso | Senegal

GCR Ratings has published the West African Economic Monetary Union (“WAEMU”) regional score. The Country Risk Scores of Benin, Burkina Faso, Cote d’Ivoire, Senegal and Togo were therefore reviewed.

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Announcements Insurance Rating Alerts

GCR places SONAR IARD’s national scale financial strength rating of A+_(BF) on Negative Outlook due to a weakening financial profile

Dec 22, 2020

Tagged in: Burkina Faso

Rating action Johannesburg, 22 December 2020 – GCR Ratings (“GCR”) has affirmed Société Nationale d’Assurances et de Réassurances’ (“SONAR IARD”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms SONAR IARD’s national scale financial strength rating of A+_(BF), on a resilient credit profile despite higher operating environment risks.

Sep 30, 2020

Tagged in: Burkina Faso

Rating action Johannesburg, 30 September 2020 – GCR Ratings (“GCR”) has affirmed Société Nationale d’Assurances et de Réassurances’ (“SONAR IARD”) national scale financial strength rating…

Announcements Criteria

GCR maintains Insurance Sector Risk Scores for Benin, Burkina Faso, Cameroon and Cote d’Ivoire

Jul 15, 2020

Tagged in: Benin | Burkina Faso | Cameroon | Ivory Coast

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.

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Announcements Criteria Research

GCR Lowers 16 Country Risk Scores as Global Challenges Mount

May 27, 2020

Country Risk Score Action GCR has lowered the public country risk scores on 16 countries to reflect the unprecedented ongoing direct and indirect impact of…

Announcements Insurance Rating Alerts

GCR affirms SONAR IARD’s national scale financial strength rating of A+_(BF); Outlook Stable.

Dec 27, 2019

Tagged in: Burkina Faso

Rating Action Johannesburg, 27 December 2019 – GCR Ratings (“GCR”) has affirmed Société Nationale d’Assurances et de Reassurances’ (“SONAR IARD”) national scale financial strength (formerly…