Zimbabwe – GCR Ratings

GCR revises the outlook on Cell Insurance Company Limited’s national scale financial strength rating of A-_(ZW) to Stable from Evolving

December 1, 2023

Rating action Johannesburg, 01 December 2023 – GCR Ratings (GCR) has affirmed Cell Insurance Company Limited’s (Cell Insurance) national scale financial strength rating of A-(ZW),…

Announcements Insurance Rating Alerts

GCR places Zimnat Life Assurance Company Limited’s national scale financial strength rating of A-_(ZW) on Review Extension

November 27, 2023

Tagged in: Zimbabwe

Rating action Johannesburg, 27 November 2023 – GCR Ratings (GCR) has placed Zimnat Life Assurance Company Limited’s (Zimnat Life) national scale financial strength rating of…

Announcements Financial Institutions Rating Alerts

GCR affirms CBZ Asset Management (Private) Limited’s management quality rating of MQ2_(ZW); Evolving Outlook

October 31, 2023

Tagged in: Zimbabwe

Rating action Johannesburg, 31 October 2023 – GCR Ratings (GCR) has affirmed the management quality rating of CBZ Asset Management (Private) Limited (trading as Datvest)…

Announcements Insurance Rating Alerts

GCR affirms Emeritus Reinsurance (Private) Limited’s national scale financial strength rating of A-_(ZW), Outlook Stable

October 30, 2023

Tagged in: Zimbabwe

Rating action Johannesburg, 30 October 2023 – GCR Ratings (GCR) has affirmed Emeritus Reinsurance (Private) Limited’s (Emeritus Re Zimbabwe) national scale financial strength rating of…

Announcements Insurance Rating Alerts

GCR downgrades ZB Reinsurance Limited’s rating to BBB+_(ZW) from A-_(ZW), capped lower by the group’s credit profile; Outlook Evolving

October 20, 2023

Tagged in: Zimbabwe

Rating action Ebene, 20 October 2023 – GCR Ratings (GCR) has downgraded ZB Reinsurance Limited’s (ZB Re) national scale financial strength rating to BBB+(ZW) from…

Announcements Financial Institutions Rating Alerts

GCR suspends African Banking Corporation of Zimbabwe Limited’s national scale issuer ratings without review

October 19, 2023

Tagged in: Zimbabwe

Rating action Nairobi, 19 October 2023 – GCR Ratings (GCR) has suspended African Banking Corporation of Zimbabwe Limited’s national scale long and short-term issuer ratings…

Announcements Financial Institutions Rating Alerts

GCR extends the ‘review extension’ on African Banking Corporation of Zimbabwe Limited’s Ratings.

September 21, 2023

Tagged in: Zimbabwe

Rating action Nairobi, 21 September 2023 – GCR Ratings (GCR) has extended the review on African Banking Corporation of Zimbabwe Limited’s national scale long and…

Announcements Financial Institutions Rating Alerts

GCR affirms CBZ Bank Limited’s national scale issuer ratings of AA-_(ZW)/A1+_(ZW); Outlook Evolving.

September 11, 2023

Tagged in: Zimbabwe

Rating action Ebene, 11 September 2023 – GCR Ratings (GCR) has affirmed CBZ Bank Limited’s national scale long-term and short-term issuer ratings of AA-(ZW) and…

Announcements Insurance Rating Alerts

GCR affirms CBZ Life’s national scale financial strength rating of A-(ZW); maintains the Evolving Watch

August 31, 2023

Tagged in: Zimbabwe

Rating action Johannesburg, 31 August 2023 – GCR Ratings (GCR) has affirmed CBZ Life Limited’s (CBZ Life) national scale financial strength rating of A-(ZW) and…

Announcements Insurance Rating Alerts

GCR affirms CBZ Insurance’s national scale financial strength rating of BBB-_(ZW); maintains the Evolving Watch

August 31, 2023

Tagged in: Zimbabwe

Rating action Johannesburg, 31 August 2023 – GCR Ratings (GCR) has affirmed CBZ Insurance Private Limited’s (CBZ Insurance) national scale financial strength rating of BBB-(ZW)…