Core elements of difference in A.M. Best and S&P rating criteria On 10 March 2016 A.M. Best published its draft insurance rating criteria for public comment. The initial comment period closed on 30 June and updated criteria reflecting Best’s reactions to the comments, and a further comment period, are expected later this year, with the stated goal to release and implement the final criteria in early to
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The science of corporate ‘enterprise’ risk management for insurers has developed exponentially over the last 10 years – from the silo based approach at the turn of the century, to the position today where even smaller re/insurers are considering the appointment of a CRO, a role that
Read more →The IAIS, with its proposal for additional risk-adjusted capital rules for major re/insurers, seems to be joining the regulatory bandwagon for seeing these as a potential source of threat to to the global financial system. However, other than when they choose to act as ‘shadow banks’, the
Read more →This is a technical article reviewing recent actions by S&P in implementing their new criteria on the reinsurance sector. If you are interested in understanding this further, would like further clarification or would like to comment please feel free to mail us at info@litmusanalysis.com. (*/** indicate references
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