Tanzania – Page 5 – GCR Ratings

GCR revises the Outlook on Alliance’s national scale financial strength rating of A+_(TZ) to Positive on expectations of sustained improvement in liquidity.

October 31, 2023

Rating action Nairobi, 31 October 2023 – GCR Ratings (GCR) affirms Alliance Insurance Corporation Limited’s (Alliance) national scale financial strength rating of A+(TZ), with a…

Announcements Insurance Rating Alerts

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

October 18, 2023

Tagged in: Tanzania

Rating action Nairobi, 18 October 2023 – GCR Ratings (GCR) has affirmed Reliance Insurance Company (Tanzania) Limited’s (Reliance or “the insurer”) national scale financial strength…

Announcements Insurance Rating Alerts

GCR affirms The Heritage Insurance Company Tanzania Limited’s National scale financial strength rating of AA_(TZ); Stable outlook

September 29, 2023

Tagged in: Tanzania

Rating action Nairobi, 29 September 2023 – GCR Ratings (GCR) has affirmed The Heritage Insurance Company Tanzania Limited’s (Heritage Tanzania) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR revises the Outlook on Jubilee Health Tanzania’s national scale financial strength rating of A_(TZ) to Stable following financial profile moderation post group restructuring.

September 27, 2023

Tagged in: Tanzania

Rating action Nairobi, 27 September 2023 — GCR Ratings (GCR) has affirmed Jubilee Health Insurance Company of Tanzania Limited’s (Jubilee Health Tanzania) national scale financial…

Announcements Insurance Rating Alerts

GCR affirms Phoenix Tanzania’s national scale financial strength rating of AA+_(TZ), Outlook Stable

September 27, 2023

Tagged in: Tanzania

Rating action Nairobi, 27 September 2023 – GCR Ratings (GCR) has affirmed Phoenix of Tanzania Assurance Company Limited’s (Phoenix Tanzania) national scale financial strength rating…

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, 2023

Rating action Johannesburg, 31 July 2023 – GCR Ratings (GCR) has affirmed African Export-Import Bank’s (Afreximbank) international scale long and short-term issuer ratings of A…

Announcements Insurance Rating Alerts

GCR affirms ICEA LION General (Tanzania)’s national scale financial strength rating of BBB_(TZ); Outlook Stable

July 19, 2023

Tagged in: Tanzania

Rating action Johannesburg, 19 July 2023 – GCR Ratings (GCR) has affirmed ICEA LION General Insurance Company (Tanzania) Limited’s (ICEA LION General (Tanzania)) national scale…

Research

GCR updates the Tanzanian and Kenyan Financial Institutions’ Sector Risk Scores

May 23, 2023

Tagged in: Kenya | Tanzania

Summary 23 May 2023, Johannesburg – GCR Ratings (“GCR”) improves the Tanzanian Financial Institutions’ Sector Risk Score to ‘3.0’ from ‘2.5’. Concurrently, GCR maintains the…

Announcements Insurance Rating Alerts

GCR revises Sanlam Life Tanzania’s national scale financial strength rating to AA+_(TZ) from AA-_(TZ) on criteria change; Outlook Stable

April 3, 2023

Tagged in: Tanzania

Rating Action Nairobi, 3 April 2023 – GCR Ratings (“GCR”) has revised Sanlam Life Insurance (Tanzania) Limited’s (“Sanlam Life Tanzania”) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR upgrades Tanzania Reinsurance Company Limited’s national scale financial strength rating to AA-_(TZ) following a capital injection; Outlook Stable.

April 3, 2023

Tagged in: Tanzania

Rating Action Nairobi, 03 April 2023 – GCR Ratings (“GCR”) has upgraded Tanzania Reinsurance Company Limited’s (“Tan Re”) national scale financial strength rating to AA-(TZ)…