OREANDA-NEWS. Fitch Ratings has withdrawn South Africa-based Home Loan Guarantee Company NPC's (HLGC) National Insurer Financial Strength (IFS) rating of 'AA+(zaf)' with a Stable Outlook.

KEY RATING DRIVERS
Fitch has withdrawn the rating as HLGC has chosen to stop participating in the rating process due to the change in Fitch's regulatory status in South Africa. Therefore, Fitch will no longer have sufficient information to maintain the rating. Accordingly, Fitch will no longer provide ratings or analytical coverage for HLGC.

RATING SENSITIVITIES
Not applicable