New York-based Fitch Ratings has published two documents updating the criteria the firm uses to assess insurance companies.
First announced in September, "Insurance Rating Methodology” presents the broad principles that apply for all of Fitch's insurance company ratings as well as insurance-specific criteria. Industry profile and operating environment, company profile and risk management, financial profile, management strategy and corporate governance, as well as ownership, support and group factors are among the rating factors cited in the methodology.
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