Malawi – GCR Ratings

GCR assigns FMRE Property & Casualty (Proprietary) Limited public national scale financial strength ratings for Malawi, Rwanda and Tanzania

Feb 6, 2023

Tagged in: Botswana | Malawi | Rwanda | Tanzania

Rating action Johannesburg, 06 February 2023 – GCR Ratings (“GCR”) has assigned FMRE Property & Casualty (Proprietary) Limited (FM Re Botswana) public national scale financial…

Announcements Insurance Rating Alerts

GCR affirms NICO General Malawi’s national scale financial strength rating of AA_(MW); Outlook Stable

Nov 30, 2022

Tagged in: Malawi

Rating Action Johannesburg, 30 November 2022 – GCR Ratings (“GCR”) has affirmed NICO General Insurance Company Limited’s (“NICO General Malawi”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms Emeritus Re Malawi’s national scale financial strength rating of BBB-_(MW); Outlook revised to Negative on deterioration in risk adjusted capitalisation

Oct 31, 2022

Tagged in: Malawi

Rating action Johannesburg, 31st October 2022 – GCR Ratings (“GCR”) has affirmed Emeritus Reinsurance Company Limited’s (“Emeritus Re Malawi”) national scale financial strength rating of…

Announcements Research

GCR publishes the updated Country Risk Scores

Jul 27, 2022

Tagged in: Madagascar | Malawi | Mozambique | Zambia

Summary Johannesburg, 27 July 2022: GCR Ratings (“GCR”) has published the reviewed Country Risk Scores. The Country Risk Scores are available for download at https://gcrratings.com/risk-scores/.…

Announcements Insurance Rating Alerts

GCR affirms NICO General Insurance Company Limited’s national scale financial strength rating of AA_(MW), Outlook Stable

Nov 30, 2021

Tagged in: Malawi

Rating action Johannesburg, 30 November 2021 – GCR Ratings (“GCR”) has affirmed NICO General Insurance Company Limited’s (“NICO General Malawi”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR upgrades Emeritus Re Malawi’s national scale financial strength rating to BBB-_(MW) on improved risk adjusted capitalisation; Outlook Positive

Oct 21, 2021

Tagged in: Malawi

Rating action Johannesburg, 21 October 2021 – GCR Ratings (“GCR”) has upgraded Emeritus Reinsurance Company Limited’s (“Emeritus Re Malawi”) national scale financial strength rating to…

Announcements Insurance Rating Alerts

GCR withdraws General Alliance Insurance Limited’s national scale financial strength rating without review

Jul 28, 2021

Tagged in: Malawi

Rating Action Johannesburg, 28 July 2021 – GCR Ratings (“GCR”) has withdrawn General Alliance Insurance Limited’s (“GA Malawi”) national scale financial strength rating of AA-(MW).…

Announcements Insurance Rating Alerts

GCR affirms NICO General Insurance Company Limited’s rating of AA_(MW); Outlook Stable

Nov 4, 2020

Tagged in: Malawi

Credit Rating Action Johannesburg, 4 November 2020 – GCR Ratings (“GCR”) has affirmed NICO General Insurance Company Limited’s (“NICO General Malawi”) national scale financial strength…

Announcements Insurance Rating Alerts

GCR places Emeritus Re Malawi’s financial strength ratings on Stable Outlook, from Negative Rating Watch, following improved credit controls

Oct 1, 2020

Tagged in: Malawi

Rating action Johannesburg, 01 October 2020 – GCR Ratings (“GCR”) has affirmed Emeritus Reinsurance Company Limited’s (“Emeritus Re Malawi”) international scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR revises Emeritus Reinsurance Company Limited’s financial strength ratings to BB+_(MW) and CCC on criteria change; with the ratings placed on Rating Watch Negative.

Nov 4, 2019

Tagged in: Malawi

Rating Action Johannesburg, 4th November 2019 – GCR Ratings (“GCR”) has revised Emeritus Reinsurance Company Limited’s (“Emeritus Re Malawi”) national scale financial strength (formerly claims…