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Tag: Zimbabwe

Zimbabwe related announcements

Announcements Insurance Rating Alerts

GCR withdraws the international scale financial strength rating on Emeritus Reinsurance (Private) Limited

Mar 10, 2023
Tagged in: Zimbabwe
Rating action Johannesburg, 10 March 2023 – GCR Ratings (“GCR”) has withdrawn the international scale financial strength rating on Emeritus Reinsurance (Private) Limited (“Emeritus Re”),…
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Research

Pan-African Credit Trends and Structured Finance Bulletin.

Feb 20, 2023
Tagged in: Kenya | Mauritius | Nigeria | South Africa | West Africa | Zimbabwe
Summary Johannesburg, 20 February 2023 – GCR Ratings (“GCR”) has published a report titled: Pan-African Credit Trends and Structured Finance Bulletin. Overview This Bulletin explores…
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Announcements Insurance Rating Alerts

GCR revises Cell Insurance Company Limited’s national scale financial strength rating to A-(ZW) from A(ZW) on criteria change; Outlook Evolving

Dec 19, 2022
Tagged in: Zimbabwe
Rating Action Johannesburg, 19 December 2022 – GCR Ratings (“GCR”) has revised Cell Insurance Company Limited’s (“Cell”) national scale financial strength rating to A-(ZW) from…
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Announcements Insurance Rating Alerts

GCR affirms Credit Insurance Zimbabwe Limited’s national scale financial strength rating of BB(ZW); Outlook Negative  

Dec 19, 2022
Tagged in: Zimbabwe
Rating Action Johannesburg, 19 December 2022 – GCR Ratings (“GCR”) has affirmed Credit Insurance Zimbabwe Limited’s (“Credsure”) national scale financial strength rating of BB(ZW), with…
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Announcements Insurance Rating Alerts

GCR places CBZ Life’s national scale ratings on Rating Watch Evolving following the proposed acquisition of an additional 31.22% stake in First Mutual Holdings Limited by CBZ Holdings Limited

Nov 30, 2022
Tagged in: Zimbabwe
Rating action Ebene, 30 November 2022 – GCR Ratings (“GCR”) has, without affirmation, placed CBZ Life Limited’s (“CBZ Life”) national scale financial strength rating of…
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Announcements Insurance Rating Alerts

GCR places CBZ Insurance’s national scale ratings on Rating Watch Evolving following the proposed acquisition of an additional 31.22% stake in First Mutual Holdings Limited by CBZ Holdings Limited

Nov 30, 2022
Tagged in: Zimbabwe
Rating action Ebene, 30 November 2022 – GCR Ratings (“GCR”) has, without affirmation, placed CBZ Insurance (Private) Limited’s (“CBZ Insurance”) national scale financial strength rating…
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Announcements Insurance Rating Alerts

GCR affirms Grand Reinsurance Company (Private) Limited’s Zimbabwean financial strength rating of AA+(ZW); Outlook Stable

Nov 29, 2022
Tagged in: Zimbabwe
Rating Action Johannesburg, 29 November 2022 – GCR Ratings (“GCR”) has affirmed Grand Reinsurance Company (Private) Limited’s (“Grand Re”) national scale financial strength rating of…
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Announcements Insurance Rating Alerts

GCR affirms Zimnat Lion’s financial strength rating of AA+(ZW) based on the credit profile of guarantor, Masawara

Nov 28, 2022
Tagged in: Zimbabwe
Rating Action Johannesburg, 28 November 2022 – GCR Ratings (“GCR”) has affirmed Zimnat Lion Insurance Company Limited’s (“Zimnat Lion”) national scale financial strength rating of…
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Announcements Insurance Rating Alerts

GCR places Credsure Insurance Zimbabwe Limited’s national scale financial strength rating of BB(ZW) on “Review Extension”

Nov 18, 2022
Tagged in: Zimbabwe
Rating action Johannesburg, 18 November 2022 – GCR Ratings (“GCR”) has placed Credsure Insurance Zimbabwe Limited (“Credsure”) on ‘Review Extension’. The rating process is ongoing…
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Announcements Insurance Rating Alerts

GCR affirms Zimnat Life Assurance Company Limited’s Zimbabwean financial strength rating of A-(ZW); Outlook Evolving

Nov 4, 2022
Tagged in: Zimbabwe
Rating action Johannesburg, 4th November 2022 — GCR Ratings (“GCR”) has affirmed Zimnat Life Assurance Company Limited’s (“Zimnat Life”) national scale financial strength rating of…
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