Moody’s Ratings has upgraded the Financial Strength Rating (IFSR) of Zambia-based Klapton Reinsurance Limited (KlaptonRe) from Caa2 to Caa1, with a stable outlook. According to the agency, this improvement is due to the rapid growth of the insurer’s activities and assets outside the country, reducing its exposure to the local operating environment and risks associated…...
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Zambia: Moody’s upgrades KlaptonRe’s rating despite high exposure to sovereign debt
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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