Standard & Poor's new risk-based capital adequacy model willprobably not raise capital requirements overall, but some insurancecompanies may have to make adjustments as a result, the agency saidtoday.

A report by the firm said the new model will provide a globallyconsistent framework while recognizing material regionaldifferences. "Although we have used stochastic techniques toestablish some of the new charges, it will remain a static model,"the report said.

The rating firm said it is looking for insurers' input.

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