Fitch downgrades ARC’s ratings on sustained earnings volatility
Reinsurance News - Mar 16, 2026
Fitch Ratings has downgraded African Risk Capacity (ARC Ltd.)’s Insurer Financial Strength (IFS) Rating to ‘BBB+’ from ‘A-’ and its Long-Term Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB+’, reflecting a decline in the firm’s standalone credit quality, which has been revised to ‘bb+’ from ‘bbb-’. T...
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