GCR affirms NCA Re’s international and national scale financial strength ratings of CCC+ and BB(CI), Outlook on the latter revised to Stable from Negative on improved receivables collection
Rating action Johannesburg, 31 January 2022 – GCR Ratings (“GCR”) has affirmed Nouvelle Compagnie Africaine de Réassurances’ (“NCA Re”) national scale financial strength rating of…