Mozambique

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

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Rating Action Johannesburg, 28 October 2020 – GCR Ratings (“GCR”) has withdrawn the national scale long term and short-term issuer ratings assigned to African Banking…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

Announcements Insurance Rating Alerts

GCR reviews ratings on two Mozambican insurance companies under the new criteria

Jul 19, 2019

Tagged in: Mozambique

Rating Action Johannesburg, 19th July 2019 – GCR Ratings (“GCR”) has reviewed public ratings on two Mozambican insurance companies under the recently released Criteria for…

Announcements Financial Institutions Rating Alerts

GCR affirms BancABC Moçambique’s rating of BB+_(MZ); Outlook Stable.

Jul 12, 2019

Tagged in: Mozambique

Rating Action Johannesburg, 10 July 2019 – GCR Ratings (“GCR”) has affirmed the national scale ratings assigned to African Banking Corporation (Mocambique) S.A. (“BancABC Moçambique,”…

Announcements Insurance Rating Alerts

GCR withdraws Seguradora Internacional de Mocambique, S.A’ s national scale rating

Jun 25, 2019

Tagged in: Mozambique | Withdraw Rating

Johannesburg, 25 June 2019– GCR Ratings (“GCR”) has withdrawn Seguradora Internacional de Mocambique S.A’s (“SIM”) national scale claims paying ability rating of AA-(MZ), Stable outlook.…

Announcements Insurance Rating Alerts

GCR places International Commercial & Engineering Seguros’s rating ‘Under Review’

Apr 30, 2019

Tagged in: Mozambique

Johannesburg, 30 April 2019 — GCR Ratings (“GCR”) has today placed International Commercial & Engineering Seguros’s national scale claims paying ability rating of A-(MZ) ‘Under…

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

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

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

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

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

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

GCR reviews ratings on two Mozambican insurance companies under the new criteria

GCR affirms BancABC Moçambique’s rating of BB+_(MZ); Outlook Stable.

GCR withdraws Seguradora Internacional de Mocambique, S.A’ s national scale rating

GCR places International Commercial & Engineering Seguros’s rating ‘Under Review’

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East Africa Outlook