Parental Guarantee
GIC Re South Africa Ltd has an unconditional and irrevocable parental guarantee from its parent, GIC Re India.
S & P Report – Abstract
On 11th December 2024, S&P Global Ratings confirmed its outlook on GIC Re SA as stable. At the same time, S&P affirmed the ‘BB+’ financial strength and issuer credit ratings and ‘zaAAA’
South Africa national scale rating on GIC Re SA.