Fitch Ratings today began its formal introductory for Prism, the company's global insurance capital model that will ultimately be used to evaluate a carrier's capital adequacy.

This 'beta' version of Prism, now available for property-casualty and life insurers in the United States, allows carriers to examine preliminary results of how they would perform under Prism, and what their capital requirements may be at various ratings thresholds.

All U.S. insurers–both those currently rated by Fitch and those that are not–may participate in beta testing by completing a data survey that can be downloaded from Fitch's Web site and returned to Fitch.

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