Professional Insurance Corporation Zambia Plc

Zambia

Professional Insurance Corporation Zambia PLC (2021-08)

The business profile remains strong supported by the insurer’s improving competitive position through constant growth in market share. PICZ is the market leader in the Zambian short-term insurance industry, with its share of industry gross premiums growing by 27% in FY20, from 21% in FY16, while relative market share registered at approximately 5x the industry average. PICZ’s competitive position is expected to be sustained by strong franchise strength and growth initiatives as it gains business from less franchised players.

Tokens: 3 Price: USD 300.00

Professional Insurance Corporation Zambia PLC

Professional Insurance Corporation Zambia PLC’s (“PICZ”) rating reflects the insurer’s sound business profile, balancing a strong competitive position in the domestic market with limited premium diversification. Furthermore, the financial profile is solid, given sound earnings, strong capitalisation and intermediate liquidity. The business profile is supported by the insurer’s strong competitive positioning.

Tokens: 2 USD 150.00

Professional Insurance Corporation Zambia Plc (2017-04)

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

Professional Insurance Corporation Zambia Plc (2016-02)

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

Professional Insurance Corporation Zambia Plc (2015-12)

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

Professional Insurance Corporation Zambia Plc (2014-01)

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

Professional Insurance Corporation Zambia Plc (2013-02)

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

Professional Insurance Corporation Zambia Plc Current Ratings

Issue Name Rating Country Rating Published
-- FS rating: A+(ZM); Outlook: Stable Zambia 29-06-2021 0:00:00
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