Zambia – GCR Ratings

GCR downgrades Klapton Reinsurance Limited’s international scale financial strength rating to CCC- on sustained capitalisation pressures; Outlook Stable.

December 9, 2024

Tagged in: Zambia

Rating action Nairobi, 09 December 2024 – GCR Ratings (GCR) has downgraded Klapton Reinsurance Limited’s international scale financial strength rating to CCC- from CCC previously,…

Announcements Insurance Rating Alerts

GCR extends the “Review Extension” on Klapton Insurance Company Limited’s international scale financial strength rating of B-.

October 31, 2024

Tagged in: Zambia

Rating action Johannesburg, 31 October 2024 – GCR Ratings (GCR) has extended the ‘Review Extension’ on Klapton Insurance Company Limited‘s (Klapton Insurance company) international scale…

Announcements Insurance Rating Alerts

GCR upgrades Emeritus Reinsurance Zambia Limited’s international and national scale financial strength rating to CCC and BB-_(ZM) respectively on sustained improvement in liquidity; Outlook stable

October 31, 2024

Tagged in: Zambia

Rating action Nairobi, 31 October 2024 – GCR Ratings (GCR) has upgraded Emeritus Reinsurance Zambia Limited’s (Emeritus Re Zambia) international scale financial strength rating to…

Announcements Financial Institutions Rating Alerts

GCR withdraws the ratings on First Capital Bank Limited (Zambia) without review

October 30, 2024

Tagged in: Zambia

Rating action Johannesburg, 30 October 2024 – GCR Ratings (GCR) has withdrawn the national scale long and short-term issuer ratings of First Capital Bank Limited…

Announcements Financial Institutions Rating Alerts

GCR places First Capital Bank Limited (Zambia) national scale issuer ratings of BBB-_(ZM) / A3_(ZM) on review extension

September 20, 2024

Tagged in: Zambia

Rating action Johannesburg, 20 September 2024 – GCR Ratings (GCR) has placed First Capital Bank Limited (Zambia) national scale long-term and short-term issuer ratings of…

Announcements Insurance Rating Alerts

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

July 25, 2024

Tagged in: Zambia

Rating action Nairobi, 25 July 2024 – 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 PLC’s national scale financial strength rating of A+_(ZM); Outlook Stable

June 21, 2024

Tagged in: Zambia

Rating action Johannesburg, 21 June 2024 – GCR Ratings (GCR) has affirmed Professional Insurance Corporation Zambia PLC’s (PICZ) national scale financial strength rating of A+(ZM),…

Announcements Insurance Rating Alerts

GCR places Professional Insurance Corporation Zambia PLC’s national scale financial strength rating of A+_(ZM) on ratings review extension

May 16, 2024

Tagged in: Zambia

Rating action Johannesburg, 16 May 2024 – GCR Ratings (GCR) has placed Professional Insurance Corporation Zambia PLC’s (PICZ) national scale financial strength rating of A+(ZM),…

Announcements Research

GCR publishes updated Country Risk Scores

February 22, 2024

Summary Johannesburg, 22 February 2024: GCR Ratings (GCR) has published updates to Country Risk Scores listed below. The Country Risk Scores are available for download…

Announcements Rating Alerts Research

GCR publishes the updated Country Risk Scores

December 18, 2023

Tagged in: Zambia

Summary Johannesburg, 18 December 2023: GCR Ratings (GCR) has published the reviewed Country Risk Scores. The Country Risk Scores are available for download at https://gcrratings.com/risk-scores/.…