Ivory Coast

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

Jan 31, 2022

Rating action Johannesburg, 31 January 2022 – GCR Ratings (“GCR”) has affirmed Nouvelle Compagnie Africaine de Réassurances’ (“NCA Re”) national scale financial strength rating of…

Announcements Corporate Rating Alerts

GCR places African Export-Import Bank’s international scale rating of A- on Positive Outlook

Jul 7, 2021

Rating Action Johannesburg, 7 July 2021 – GCR Ratings (‘GCR’) has affirmed African Export-Import Bank’s international scale long term and short term issuer ratings of…

Announcements Insurance Rating Alerts

GCR affirms NCA Re’s international and national scale financial strength ratings of CCC+ and BB_(CI); Outlooks Stable and Negative, respectively.

Jan 29, 2021

Tagged in: Ivory Coast

Rating action Johannesburg, 29 January 2021 – GCR Ratings (“GCR”) has affirmed Nouvelle Compagnie Africaine de Réassurances’ (“NCA Re”) national scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR places Nouvelle Compagnie Africaine de Réassurances’ financial strength ratings on “Review Extension”

Dec 22, 2020

Tagged in: Ivory Coast

Rating action Johannesburg, 22 December 2020 – GCR Ratings (“GCR”) has placed Nouvelle Compagnie Africaine de Réassurances’ (“NCA Re”) national scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR revises the outlook on NCA Re’s international scale financial strength rating to Stable after lowering the operating environment assessment.

Sep 30, 2020

Tagged in: Ivory Coast

Rating Action Johannesburg, 30 September 2020 – GCR Ratings (“GCR”) has affirmed Nouvelle Compagnie Africaine de Réassurances’ (“NCA Re”) national scale financial strength rating of…

Announcements Financial Institutions Rating Alerts

GCR affirms African Export-Import Bank’s international scale rating of A-, balancing operating environment stress with strong mandate and robust financial profile

Jul 31, 2020

Rating Action Johannesburg, 31 July 2020 – GCR Ratings (‘GCR’) has affirmed African Export-Import Bank’s international scale long term and short term issuer ratings of…

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.

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 Corporate Rating Alerts

GCR Withdraws SIFCA Group’s Issuer Ratings

Mar 4, 2020

Tagged in: Ivory Coast

Rating Action Johannesburg, 04 March 2020- GCR Ratings (“GCR”) has withdrawn the national scale long term and short term issuer ratings assigned to The SIFCA…

Announcements Insurance Rating Alerts

GCR revises NCA Re’s financial strength ratings to BB_(CI) and CCC+ on Criteria Change; Outlook Negative.

Dec 18, 2019

Tagged in: Ivory Coast

Rating Action Johannesburg, 18 December 2019 – GCR Ratings (“GCR”) has revised Nouvelle Compagnie Africaine de Réassurances’ (“NCA Re”) national scale financial strength (formerly claims…