TEXT-S&P ratings - Munich Reinsurance Co. of Africa Ltd.

Tue Oct 16, 2012 7:43am EDT

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(The following statement was released by the rating agency)

Oct 16 -

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Ratings -- Munich Reinsurance Co. of Africa Ltd. ------------------ 16-Oct-2012

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CREDIT RATING: Country: South Africa

Local currency A-/Negative/--

Primary SIC: Surety insurance

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Credit Rating History:

Local currency Foreign currency

16-Oct-2012 A-/-- --/--

26-Jan-2011 A/-- --/--

21-Dec-2009 A+/-- --/--

20-Nov-2008 A/-- --/--

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Issues:

Rating Rating Date

Finl Strength Rtg A-/Negative 16-Oct-2012

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