S&P Rating Method Update Could Ding Annuities: Hearing Witness
May 17, 2022 by Allison Bell
The American Council of Life Insurers would prefer to see S&P Global Ratings take a different approach if and when it updates its rules for rating insurers’ capital levels.
Mariana Gomez-Vock, a senior vice president at the ACLI, gave that assessment Wednesday at a hearing on the bond rating industrythat was organized by the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.
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Originally Posted at ThinkAdvisor on May 12, 2022 by Allison Bell.
Categories: Industry Articles