Goldstar rating affirmed

Goldstar Insurance Company’s national scale financial strength rating has been affirmed at A+(UG), with a stable outlook by GCR ratings.

GCR has affirmed the Uganda-based financial services company on its firm financial profile characterised by strong risk adjusted capitalisation and liquidity.

The stable outlook reflects Goldstar’s business profile, which has remained unchanged despite pressure from new market entrants.

See issuer details here