Zambia – GCR Ratings

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…

Announcements Insurance Rating Alerts Research

Zambian Insurance Sector Review and Outlook

April 2, 2025

Tagged in: Zambia

Summary 2 April 2025, Johannesburg – GCR Ratings (GCR) has published a research report on the Zambian insurance sector. The report is available for download…

Announcements Insurance Rating Alerts Research

GCR updates Insurance Sector Risk Scores for Malawi and Zambia

March 20, 2025

Tagged in: Malawi | Zambia

Summary 20 March 2025, Johannesburg – GCR Ratings (GCR) has updated Insurance Risk Sector Scores for Malawi and Zambia. The insurance sector risk scores are…

Announcements Insurance Rating Alerts

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…