15 December 2015Insurance

Fitch downgrades ratings of South African insurers in review

Fitch Ratings has downgraded the insurer financial strength (IFS) ratings of Guardrisk International PCC to 'BBB' from 'BBB+' and RMB Financial Services, RMB Structured Insurance and RMB Structured Insurance PCC (collectively RMBSI) to 'BBB-' from 'BBB'. The outlooks are stable.

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