A.M. Best Requests Comments on Draft Criteria: Insurance Holding Company & Debt Ratings
February 7, 2013 by Best News Service
OLDWICK, N.J. – A.M. Best Co. is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria report, “Insurance Holding Company & Debt Ratings” (updates version dated April 5, 2012).
The draft contains edits that reflect A.M. Best’s view that rating enhancement can come from any part of an organization, including the insurance holding company. The draft also further articulates the process by which the issuer credit rating of the insurance holding company is determined relative to the rating of an insurance subsidiary.
These updates are part of A.M. Best’s continual review of its Best’s Credit Rating Methodology and are not considered material or expected to affect ratings.
Visit http://www.ambest.com/ratings/methodology to download a PDF copy of each report.
Written comments should be submitted by email to rating.methodology@ambest.com no later than March 4, 2013. BN-NJ-02-04-2013 1544 ET #
