GCR Updates Multiple Insurance Sector Risk Scores
Summary 07 April 2026, Johannesburg – GCR Ratings (GCR) has updated insurance sector risks scores for the following markets to reflect current structural factors and…
GCR affirms Dhamana Guarantee Company Limited’s Kenyan issuer rating of AA(KE) and assigns Tanzanian, Ugandan and Rwandan issuer ratings of AA+(TZ), AAA(UG), and AAA(RW) respectively. Outlooks Stable.
Johannesburg, 30 March 2026 – GCR Ratings (GCR) has affirmed Dhamana Guarantee Company Limited’s (Dhamana, the company) long and short-term national scale issuer ratings of…
GCR places MUA Insurance Tanzania Limited’s national scale financial strength rating of AA+(TZ) on Review Extension.
Nairobi, 27 March 2026 – GCR Ratings (GCR) has placed MUA Insurance Tanzania Limited’s national scale financial strength rating of AA+(TZ) on review extension. The…
GCR publishes updated Financial Institutions Sector Risk Scores
Summary 12 December 2025, Johannesburg – GCR Ratings (GCR) has published updates to the Financial Institutions Sector Risk Scores listed below. The Financial Institutions Sector…
GCR downgrades The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating to A+(TZ); Outlook Evolving
Rating action Nairobi, 31 October 2025 – GCR Ratings (GCR) has downgraded The Heritage Insurance Company Tanzania Limited’s (Heritage Tanzania or the insurer) national scale…
GCR affirms Reliance Insurance Company (Tanzania) Limited’s national scale financial strength rating of A(TZ), Outlook Stable
Rating action Nairobi, 15 October 2025 – GCR Ratings (GCR) has affirmed Reliance Insurance Company (Tanzania) Limited’s (Reliance or the insurer) national scale financial strength…
GCR affirms Alliance Insurance Corporation Limited’s national scale financial strength rating of AA-(TZ), Outlook revised to Positive following the acquisition of Heritage Insurance.
Rating action Nairobi, 14 October 2025 – GCR Ratings (GCR) has affirmed Alliance Insurance Corporation Limited (Alliance or the insurer) national scale financial strength rating…
GCR places The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating of AA(TZ) on Review Extension
Rating action Nairobi, 30 September 2025 – GCR Ratings (GCR) has placed The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating of AA(TZ)…
GCR affirms Jubilee Health Insurance Company of Tanzania Limited’s national scale financial strength rating of A-(TZ); Outlook Stable
Rating action Nairobi, 26 September 2025 – GCR Ratings (GCR) has affirmed Jubilee Health Insurance Company of Tanzania Limited’s (Jubilee Health Tanzania or the insurer)…
GCR affirms MUA Insurance Tanzania Limited’s national scale financial strength rating of AA+(TZ), with the rating placed on Rating Watch Evolving.
Rating action Nairobi, 25 September 2025 – GCR Ratings (GCR) has affirmed MUA Insurance Tanzania Limited’s (MUA Tanzania or the insurer), national scale financial strength…
