S&P introduces new factor for ratings assessment

International Insurance fund news

Firm to consider country risk in evaluation process Standard &Poor’s (S&P) a leading credit firm that provides ratings for the world’s insurance companies, has announced that it will begin considering country risk when evaluating insurers. Country risk refers to the risks associated in investing in certain countries. These risks can change depending on economic climate, the state of a country’s various businesses, and numerous political factors. The changes to the firm’s evaluation process will affect all lines of insurance and will be used to issue revised ratings to insurance companies.…

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