Zambia – GCR Ratings

GCR affirms Zambia Reinsurance Plc’s national scale financial strength rating of A+_(ZM) and revises the Outlook to Positive from Stable

July 28, 2026

Tagged in: Zambia

Rating action Nairobi, 28 July 2026 – GCR Ratings (GCR) has affirmed Zambia Reinsurance Plc’s (Zambia Re or the reinsurer) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms Professional Insurance Corporation Zambia Limited’s national scale financial strength rating of A+_(ZM); Outlook revised from Negative to Stable

June 30, 2026

Tagged in: Zambia

Johannesburg, 30 June 2026 – GCR Ratings (GCR) has affirmed Professional Insurance Corporation Zambia Limited’s (PICZ or the insurer) national scale financial strength rating of…

Announcements Insurance Market Notifications Rating Alerts Research

GCR Updates Multiple Insurance Sector Risk Scores

April 7, 2026

Tagged in: Mozambique | Tanzania | Uganda | Zambia

Summary 07 April 2026, Johannesburg – GCR Ratings (GCR) has updated insurance sector risks scores for the following markets to reflect current structural factors and…

Announcements Market Notifications Rating Alerts Research

GCR publishes updated Country Risk Scores

March 23, 2026

Summary Johannesburg, 23 March 2026: GCR Ratings (GCR) has published updates to the Country Risk Scores listed below. The Country Risk Scores are available for…

Announcements Insurance Rating Alerts

GCR upgrades Klapton Reinsurance Limited’s international scale financial strength rating to CCC and concurrently withdraws the rating.

December 4, 2025

Tagged in: Zambia

Rating action Nairobi, 4 December 2025 – GCR Ratings (GCR) has upgraded Klapton Reinsurance Limited’s (Klapton Re or the reinsurer) international scale financial strength rating…

Announcements Insurance Rating Alerts

GCR affirms Emeritus Reinsurance Zambia Limited’s international and national scale financial strength ratings of CCC and BB-_(ZM) respectively; Outlooks Stable

November 24, 2025

Tagged in: Zambia

Rating action Nairobi, 24 November 2025 – GCR Ratings (GCR) has affirmed Emeritus Reinsurance Zambia Limited’s (Emeritus Re Zambia or the reinsurer) international scale and…

Announcements Insurance Rating Alerts

GCR assigns P&C Reinsurance Company Proprietary a national scale financial strength rating of B-_(BW); Outlook Stable

November 14, 2025

Tagged in: Botswana | Malawi | Mozambique | Zambia | Zimbabwe

Rating action Johannesburg, 14 November 2025 – GCR Ratings (GCR) has assigned P&C Reinsurance Company Proprietary Limited (P&C Re or the reinsurer) a national scale…

Announcements Insurance Rating Alerts

GCR places Emeritus Reinsurance Zambia Limited’s international and national scale financial strength ratings of CCC and BB-_(ZM) on Review Extension

October 31, 2025

Tagged in: Zambia

Rating action Nairobi, 31 October 2025 – GCR Ratings (GCR) has placed Emeritus Reinsurance Zambia Limited’s international and national scale financial strength ratings of CCC…

Announcements Insurance Rating Alerts

GCR upgrades Zambia Reinsurance Plc’s national scale financial strength rating to A+_(ZM) due to sustained financial profile strength; Outlook Stable

July 31, 2025

Tagged in: Zambia

Rating action Nairobi, 31 July 2025 – GCR Ratings (GCR) has upgraded Zambia Reinsurance Plc’s (Zambia Re or the reinsurer) national scale financial strength rating…

Announcements Insurance Rating Alerts

GCR places Professional Insurance Corporation Zambia Plc’s national scale financial strength rating of A+_(ZM) on Negative Outlook due to deteriorating risk adjusted capitalisation

June 26, 2025

Tagged in: Zambia

Rating action Nairobi, 26 June 2025 – GCR Ratings (GCR) has affirmed Professional Insurance Corporation Zambia Plc’s (PICZ or the insurer) national scale financial strength…