Announcements Research

Low insurance penetration hamstrings East Africa’s short term insurance sector despite progressive regulatory initiatives

GCR Ratings has published the East Africa Short Term Insurance Bulletin, which discusses GCR’s 2020 short term insurance public credit ratings in Kenya, Tanzania and Uganda, and the 2021 outlook. The bulletin also presents graphic comparatives of financial performance of the sample of public ratings over the period 2015 to 2019.

Announcements Financial Institutions Rating Alerts

GCR affirms African Export-Import Bank’s international scale rating of A-, balancing operating environment stress with strong mandate and robust financial profile

Rating Action Johannesburg, 31 July 2020 – GCR Ratings (‘GCR’) has affirmed African Export-Import Bank’s international scale long term and short term issuer ratings of…