Namibia:State-owned reinsurer' outlook amended to 'Positive', reflecting sovereign prospects

By MEIR team | 22 Apr 2024

Moody's Ratings (Moody's) has changed the outlook on state-owned Namibia National Reinsurance Corporation (NamibRe) to 'Positive' from 'Stable'. Concurrently, Moody's has affirmed NamibRe's 'B1' insurance financial strength rating (IFSR), as well as its 'b1' Baseline Credit Assessment (BCA).

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