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Credit Rating Announcement

31 July 2020 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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