NU Online News Service, March 28, 1:51 p.m. EDT
Insurance companies that adopt enterprise risk management solutions for their economic capital modeling can see a payoff through reduced capital requirements after obtaining a favorable rating from Standard & Poor's, a report says.
In a report released by Willis Group Holdings' reinsurance broking arm Willis Re, titled "Standard & Poor's Economic Capital Model Review Promises Capital Rewards," the firm says S&P is offering a carrot-and-stick approach to insurers.
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