Tag: Rating Action: Moody’s reviews Standard Insurance Limited’s IFS rating for downgrade following action on the South African sovereign

Insurance

Rating Action: Moody’s reviews Standard Insurance Limited’s IFS rating for downgrade following action on the South African sovereign

Moody’s Investors Service, (“Moody’s”) has placed the A1.za national scale insurance financial strength (IFS) rating of Standard Insurance Limited (SIL) on review for downgrade. Today’s rating action follows the review for downgrade of the Baa2 debt rating of the Government of South Africa, which reflects the deterioration in the credit […]

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