GCR affirms Jubilee Insurance rating of A(TZ) with stable outlook

In its recent report, the Johannesburg based agency said the rating rationale for Jubilee Tanzania is supported by moderately strong risk adjusted capitalisation and competitive position, as well as healthy earnings capacity. “Offsetting these strengths is limited liquidity, due to high exposure to reinsurance receivables, and low premium diversification. The rating derives uplift from implied […]