NU Online News Service, May 21, 12:25 p.m. EDT
Standard & Poor's Ratings Service is requesting comments on its proposed changes to its methodology for evaluating insurers' and reinsurers' economic capital models (ECM) through a refinement of its enterprise risk management criteria.
S&P said it proposes to refine its criteria for analyzing ECMs. As a starting point, the proposed criteria address S&P's conditions for establishing what the insurance industry terms the "credibility" of an insurer's ECM.
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