Zambian Insurance Sector Review and Outlook
Summary 2 April 2025, Johannesburg – GCR Ratings (GCR) has published a research report on the Zambian insurance sector. The report is available for download…
GCR updates Insurance Sector Risk Scores for Malawi and 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…
GCR downgrades Klapton Reinsurance Limited’s international scale financial strength rating to CCC- on sustained capitalisation pressures; Outlook Stable.
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,…
GCR extends the “Review Extension” on Klapton Insurance Company Limited’s international scale financial strength rating of B-.
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…
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
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…
GCR withdraws the ratings on First Capital Bank Limited (Zambia) without review
Rating action Johannesburg, 30 October 2024 – GCR Ratings (GCR) has withdrawn the national scale long and short-term issuer ratings of First Capital Bank Limited…
GCR places First Capital Bank Limited (Zambia) national scale issuer ratings of BBB-(ZM) / A3(ZM) on review extension
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…
GCR affirms Zambia Reinsurance Plc’s national scale financial strength rating to A(ZM) and revises the Outlook to Positive from Stable
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…
GCR affirms Professional Insurance Corporation Zambia PLC’s national scale financial strength rating of A+(ZM); Outlook Stable
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),…
GCR places Professional Insurance Corporation Zambia PLC’s national scale financial strength rating of A+(ZM) on ratings review extension
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),…