Grand Reinsurance Company Limited

Zimbabwe

Grand Reinsurance Company (Private) Limited (2022-02)

The MHM unconditional, irrevocable guarantee in favour of Grand Re’s policyholders results in MHM paying policyholder obligations owed by Grand Re to “its insurance counterparties, should the company be unable to pay upon a claim that has been assessed as due”. GCR reviewed the guarantee together with the legal opinion, as well as relevant board resolutions, and is satisfied that it meets the relevant conditions of unconditionality, irrevocability, timeliness and ranking in line with MHM’s own creditors.

Tokens: 3 Price: USD 300.00

Grand Reinsurance Company (Private) Limited

The upgrade of Grand Re’s rating reflects a credit enhancement on the insurer’s stand-alone credit profile from the policyholder guarantee issued by the parent; Masawara Holdings Mauritius Limited (“MHM”, ‘guarantor’). As a result, the financial strength rating on Grand Re will solely reflect the creditworthiness of the guarantor going forward.

Tokens: 2 USD 150.00

Grand Reinsurance Company Limited (2018-08)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.
Tokens:1 Price: USD 75.00

Grand Reinsurance Company Limited (2017-07)

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

Grand Reinsurance Company Limited (2016-09)

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

Grand Reinsurance Company Limited (2015-08)

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

Grand Reinsurance Company Limited (2014-08)

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

Grand Reinsurance Company Limited (2013-09)

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

Grand Reinsurance Company Limited (2012-09)

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

Grand Reinsurance Company Limited (2011-09)

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

Grand Reinsurance Company Limited (2010-09)

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

Grand Reinsurance Company Limited Current Ratings

Issue Name Rating Country Rating Published
-- FS rating: AA+(ZW); Outlook: Stable Zimbabwe 05-11-2020 0:00:00
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