Global Credit affirms Kenya Re’s stable outlook on strong capital, liquidity

Kenya Re managing director Jadiah Mwarania. FILE PHOTO | NMG

Global Credit Ratings (GCR) has affirmed Kenya Reinsurance Corporation (Kenya Re) a national scale financial rating of AA+ with a stable outlook, citing strong capital base and healthy liquidity.

The South African rating agency said the reinsurer has demonstrated a strong financial profile both in Kenya and the international markets it serves.

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