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Tag: Tanzania

Tanzania related announcements

Announcements Insurance Rating Alerts

GCR assigns Mayfair Insurance Company Tanzania Limited an initial national scale financial strength rating of A-(TZ), Outlook Stable

July 4, 2025
Tagged in: Tanzania
Rating action Nairobi, 04 July 2025 – GCR Ratings (GCR) has assigned Mayfair Insurance Company Tanzania Limited (Mayfair Tanzania or the insurer) an initial national…
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Announcements Financial Institutions Rating Alerts

GCR affirms East African Development Bank’s international scale ratings and national scale ratings with Stable Outlooks

June 27, 2025
Tagged in: Kenya | Rwanda | Tanzania | Uganda
Rating action Ebene, 27 June 2025 – GCR Ratings (GCR) has affirmed East African Development Bank’s international scale long and short-term issuer ratings of BBB-…
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Announcements Insurance Rating Alerts

GCR affirms Uganda Reinsurance Company Limited’s national scale financial strength ratings of AA-(UG), A-(KE), A+(TZ) and A+(RW); Outlook Stable.

June 19, 2025
Tagged in: Kenya | Rwanda | Tanzania | Uganda
Rating action Nairobi, 19 June 2025 – GCR Ratings (GCR) has affirmed Uganda Reinsurance Company Limited’s (Uganda Re or the reinsurer) national scale financial strength…
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Announcements Insurance Rating Alerts

GCR upgrades Sanlam Life Insurance (Tanzania) Limited’s national scale financial strength rating to AAA(TZ) from AA+(TZ) on sustained financial profile strength; Outlook Stable

April 30, 2025
Tagged in: Tanzania
Rating action Nairobi, 30 April 2025 – GCR Ratings (GCR) has upgraded Sanlam Life Insurance (Tanzania) Limited’s (Sanlam Life Tanzania or the insurer) national scale…
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Announcements Insurance Rating Alerts

GCR affirms Tanzania Reinsurance Company Limited national scale financial strength rating of AA-(TZ); Outlook Positive

April 30, 2025
Tagged in: Tanzania
Rating action Nairobi, 30 April 2025 – GCR Ratings (GCR) has affirmed Tanzania Reinsurance Company Limited’s (Tan Re or the reinsurer) national scale financial strength…
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Announcements Research

Special Report: GCR Risk Score Snapshot Q3 2024

November 29, 2024
Tagged in: Ghana | Kenya | Nigeria | South Africa | Tanzania | Uganda
Summary Johannesburg, 29 November 2024 – GCR Ratings (“GCR”) has published a Special Report which provides a snapshot of the GCR risk scores across GCR’s…
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Announcements Insurance Rating Alerts

GCR upgrades Alliance Insurance Corporation Limited’s national scale financial strength rating to AA-(TZ) on strong market positioning, Outlook Stable.

October 30, 2024
Tagged in: Tanzania
Rating action Nairobi, 30 October 2024 – GCR Ratings (GCR) has upgraded the national scale financial strength rating assigned to Alliance Insurance Corporation Limited (Alliance,…
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Announcements Insurance Rating Alerts

GCR affirms Reliance Insurance Company (Tanzania) Limited’s national scale financial strength rating of A(TZ), Outlook Stable

October 30, 2024
Tagged in: Tanzania
Rating action Nairobi, 30 October 2024 – GCR Ratings (GCR) has affirmed Reliance Insurance Company (Tanzania) Limited’s (Reliance or the insurer) national scale financial strength…
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Announcements Insurance Rating Alerts

GCR affirms MUA Insurance Tanzania Limited’s national scale financial strength rating of AA+(TZ), Outlook Stable.

October 25, 2024
Tagged in: Tanzania
Rating action Nairobi, 25 October 2024 – GCR Ratings (GCR) has affirmed MUA Insurance Tanzania Limited’s (MUA Tanzania or the insurer), formerly Phoenix of Tanzania…
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Announcements Insurance Rating Alerts

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
Tagged in: Tanzania
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…
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