Tanzania – GCR Ratings

GCR places Phoenix of Tanzania Assurance Company Limited’s national scale financial strength ratings of AA+(TZ), Outlook Stable on review extension.

September 20, 2024

Rating action Nairobi, 20 September 2024 – GCR Ratings (GCR) has placed Phoenix of Tanzania Assurance Company Limited’s (Phoenix Tanzania) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR places ICEA LION General Insurance Company (Tanzania) Limited national scale financial strength rating of BBB_(TZ) on Positive Outlook due to an improved financial profile.

August 30, 2024

Tagged in: Tanzania

Rating action Nairobi, 30 August 2024 – GCR Ratings (GCR) has affirmed ICEA LION General Insurance Company (Tanzania) Limited’s (ICEA LION General (Tanzania)) national scale…

Announcements Financial Institutions Rating Alerts

GCR affirms African Export-Import Bank’s international scale long and short-term issuer credit ratings of A / A2 with a Stable Outlook

July 31, 2024

Rating action Ebene, 31 July 2024 – GCR Ratings (GCR) has affirmed African Export-Import Bank’s international scale long and short-term issuer ratings of A and…

Announcements Financial Institutions Rating Alerts

GCR affirms East African Development Bank’s international scale issuer rating of BBB- with a Stable Outlook due to a strong financial profile despite deteriorating operating conditions.

July 31, 2024

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Rating action Ebene, 31 July 2024 – GCR Ratings (GCR) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…

Announcements Insurance Rating Alerts

GCR places ICEA LION General Insurance Company (Tanzania) Limited’s national scale financial strength rating of BBB_(TZ) on ‘Review Extension’

July 30, 2024

Tagged in: Tanzania

Rating action Nairobi, 30 July 2024 – GCR Ratings (GCR) has placed ICEA LION General Insurance Company (Tanzania) Limited’s (ICEA LION General (Tanzania)) national scale…

Announcements Insurance Rating Alerts

GCR assigns initial national scale financial strength ratings of A-_(KE), A+_(TZ) and A+_(RW) to Uganda Reinsurance Company Limited; Outlook Stable

July 23, 2024

Tagged in: Kenya | Rwanda | Tanzania

Rating action Nairobi, 23 July 2024 – GCR Ratings (GCR) has assigned Uganda Reinsurance Company Limited (Uganda Re or the reinsurer) first time national scale…

Announcements Financial Institutions Rating Alerts

GCR places East African Development Bank’s issuer ratings on ratings review extension

May 27, 2024

Tagged in: Kenya | Rwanda | Tanzania | Uganda

Rating action Ebene, 28 May 2024 – GCR Ratings (GCR) has placed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…

Announcements Insurance Rating Alerts

GCR affirms Sanlam Life Insurance (Tanzania) Limited’s national scale financial strength rating of AA+_(TZ); Outlook Stable

April 30, 2024

Tagged in: Tanzania

Rating action Nairobi, 30 April 2024 – GCR Ratings (GCR) has affirmed Sanlam Life Insurance (Tanzania) Limited’s (Sanlam Life Tanzania) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR places Tanzania Reinsurance Company Limited’s national scale financial strength rating of AA-(TZ), on Positive Outlook

April 29, 2024

Tagged in: Tanzania

Rating Action Nairobi, 29 April 2024 – GCR Ratings (GCR) has affirmed Tanzania Reinsurance Company Limited’s (Tan Re or the reinsurer) national scale financial strength…

Announcements Insurance Rating Alerts

GCR affirms FMRE Property & Casualty (Proprietary) Limited’s national and international scale financial strength ratings, Outlook revised from Evolving to Stable

December 19, 2023

Rating action Johannesburg, 19 December 2023 – GCR Ratings (GCR) has affirmed FMRE Property & Casualty (Proprietary) Limited’s (FMRe Botswana) national scale financial strength rating…