Mozambique

GCR assigns FM Re Botswana public national scale financial strength ratings for various countries, and a public international scale financial strength rating.

Nov 9, 2021

Tagged in: Botswana | Eswatini | Mozambique | Namibia | Zimbabwe

Rating action Johannesburg, 09 November 2021 – GCR Ratings (“GCR”) has assigned FMRE Property & Casualty (Proprietary) Limited (“FM Re Botswana”) public national scale financial…

Announcements Insurance Rating Alerts

GCR places ICE’s national scale financial strength rating of A-_(MZ) on Evolving Outlook and withdraws the rating following the ongoing acquisition by Hollard.

Sep 30, 2021

Tagged in: Mozambique

Rating action Johannesburg, 30 September 2021 – GCR Ratings (“GCR”) has placed an Evolving Outlook on the A-(MZ) national scale financial strength rating of International…

Announcements Insurance Rating Alerts

GCR places International Commercial & Engineering ICE Seguros, SA’s national scale financial strength rating of A-_(MZ) on “Review Extension”

Jul 30, 2021

Tagged in: Mozambique

Rating action Johannesburg, 30 July 2021 – GCR Ratings (“GCR”) has placed International Commercial & Engineering ICE Seguros, SA’s (“ICE”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR places International Commercial & Engineering ICE Seguros, SA’s national scale financial strength rating of A-_(MZ) on “Review Extension”

Jun 30, 2021

Tagged in: Mozambique

Rating action Johannesburg, 30 June 2021 – GCR Ratings (“GCR”) has placed International Commercial & Engineering ICE Seguros, SA’s (“ICE”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR revises the Outlook on GA Seguros’ Mozambican financial strength rating of BBB+_(MZ) to Stable, from Negative, following an improvement in capitalisation

May 20, 2021

Tagged in: Mozambique

Rating action Johannesburg, 20th May 2021 – GCR Ratings (“GCR”) has affirmed Global Alliance Seguros S.A.’s (“GA Seguros”) national scale financial strength rating of BBB+(MZ),…

Announcements Financial Institutions Rating Alerts

GCR withdraws the issuer ratings on African Banking Corporation (Moçambique) S.A without review

Oct 28, 2020

Tagged in: Mozambique

Rating Action Johannesburg, 28 October 2020 – GCR Ratings (“GCR”) has withdrawn the national scale long term and short-term issuer ratings assigned to African Banking…

Announcements Financial Institutions Rating Alerts

GCR affirms African Banking Corporation (Moçambique) S.A’s national scale long-term issuer rating of BB+_(MZ); Outlook Negative.

Jul 29, 2020

Tagged in: Mozambique

Rating Action Johannesburg, 29th July 2020 – GCR Ratings (‘GCR’) has affirmed African Banking Corporation (Moçambique) SA’s national scale long term and short term issuer…

Announcements Financial Institutions Rating Alerts

GCR places African Banking Corporation (Moçambique) S.A.’s issuer ratings under ‘Review Extension’

Jul 8, 2020

Tagged in: Mozambique

Rating Action Johannesburg, 08 July 2020 – GCR Ratings (“GCR”) has placed African Banking Corporation (Moçambique) S.A. (“BancABC Moçambique”)’s national scale long-term and short-term issuer…

Announcements Insurance Rating Alerts

GCR downgrades GA Seguros Mozambican financial strength rating to BBB+_(MZ) on sustained weakening in capitalisation; Outlook Negative

Jun 18, 2020

Tagged in: Mozambique

Rating action Johannesburg, 18th June 2020 – GCR Ratings (“GCR”) has downgraded Global Alliance Seguros S.A.’s (“GA Seguros”) national scale financial strength rating to BBB+(MZ)…

Announcements Insurance Rating Alerts

GCR affirms ICE’s Mozambican financial strength rating of A-_(MZ); Outlook Stable

Jun 3, 2020

Tagged in: Mozambique

Rating action Johannesburg, 3 June 2020 – GCR Ratings (“GCR”) has affirmed International Commercial & Engineering ICE Seguros, SA’s (“ICE”) national scale financial strength rating…