S&P Puts Off Effort to Develop Tougher Life Insurer Grading System
May 10, 2022 by Allison Bell
S&P Global Ratings is backing away from a battle with regulators and life insurers over a grading system update.
The New York-based rating agency has been trying to adopt new, tougher insurer risk-based capital adequacy criteria, to look harder to see how well any given insurer might perform in dire circumstances.
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Originally Posted at ThinkAdvisor on May 9, 2022 by Allison Bell.
Categories: Industry Articles