Industry Research: Medical Schemes

Image placeholder
Credit Outlook on South African Medical Schemes Amidst The COVID-19 Pandemic
  • Industry Research: Medical Schemes
  • Year : Mar 2020
Access Now
Summary

Despite potential earnings strain, GCR expects most rated schemes to remain resilient, given sufficient reserve buffers, although schemes with lower reserves may be vulnerable to further weakening.

 

Additional Information

Over the past five years, GCR’s rated sample of South African Medical Schemes has evidenced financial resilience amidst challenging economic conditions and an uncertain regulatory backdrop. GCR views industry solvency and reserve management to be prudent, although reserve buffers may moderate given potential earnings pressure associated with COVID-19, which could persist for a prolonged period.

Related Publication

Credit Outlook on South African Medical Schemes Amidst The COVID-19 Pandemic

Despite potential earnings strain, GCR expects most rated schemes to remain resilient, given sufficient reserve buffers, although schemes with lowe...

Discovery Health Medical Scheme (2013-05)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.

Rating Securitisation Transactions Involving Intermediate SPVs

This report explains GCR’s approach to the risks related to each of these SPVs to rate the debt issued by the Issuing SPV. Please note that t...

Available Purchase Options: