Credit Rating Announcement
31 July 2020 | Company News & Results | Chubb Insurance SA (formerly ACE) | Chubb Insurance South Africa
GCR affirms Chubb Insurance South Africa Limited’s national scale financial strength rating of AA(ZA); Stable Outlook
The rating action follows a reduction in the South African country and insurance sector risk assessments.
The South African country risk score was lowered to 7.0 from 7.5 previously, in a market alert released on the 27 May 2020.
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