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INTERNATIONAL RATINGS

The company was rated AA by the international rating agency, the Global Credit Rating, GCR, in 2017, 2018, 2019, 2021, and 2022 respectively.

The Heritage Insurance Company Tanzania Limited’s national scale financial strength rating reflects its strong financial profile, supported by very strong capitalisation and liquidity, as well as moderately strong earnings. Risk-adjusted capitalisation has been consistently maintained at very strong levels over the review period, underpinned by limited credit and market risk exposures.