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.
Johannesburg, 30 January 2019 — Global Credit Ratings has today affirmed the national scale Issuer ratings assigned to The SIFCA Group of A(CI) and A1(CI) in the long and short term respectively; with the outlook accorded as Stable. The Issuer ratings expire on 30 November 2019. SUMMARY RATING RATIONALE Global Credit Ratings (“GCR”) has accorded […]
Johannesburg, 20 December 2018 — Global Credit Ratings has today extended the ‘Under Review’ period for The SIFCA Group’s (“SIFCA”) national scale Issuer ratings. The ‘Under Review’ process allows for a time extension of the ratings review. GCR expects to publicly release the updated rating results by 31 January 2019. The existing ratings continue to […]