GCR Ratings (“GCR”) revised Kenya Reinsurance Corporation Limited’s (“Kenya Re”) national scale financial strength (formerly claims ability) rating to AA+ (KE), from AA (KE), with a Stable Outlook. Furthermore, Kenya Re’s international scale financial strength (formerly claims paying ability) rating has been revised to B+, from BB, with a Stable Outlook.
AM Best affirmed the Financial Strength Rating ( FSR) of B (Fair) and the Long-Term Issuer Credit Rating (ICR) of “bb+”.
The outlook of these Credit Ratings (ratings) is stable with effect from 19th December 2019.
Click on the links below to read more about our ratings and other certifications: