Cell Insurance Company Limited

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Cell Insurance Company Limited (2019-03)
  • Cell Insurance Company Limited
  • Year : Mar 2019
3 Tokens
USD 300.00
Summary

Cell was established in 2003 as the first licenced captive insurance company in Zimbabwe covering the risks of the national power utility company. This positioned the company as a unique alternative risk transfer provider in a market dominated by conventional insurance products. The company opened to external markets in 2004.

Additional Information

Factors that could trigger a rating action may include

Positive change: Positive rating movement could develop from a sustained improvement in earnings capacity while maintaining strong credit protection metrics.

Negative change: Downward rating action could follow a weakening in earnings relative to expectations, while sustained deterioration in liquidity and capitalisation could also lead to negative rating action.

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