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The Insurance Times

assesses a country’s overall strength for
reliability, return and repayment of principal
and interest from an investor’s viewpoint. This
is known as sovereign rating.

b) The analytical process in evaluation by an
agency incorporates a host of quantitative and
qualitative measures, including comparisons to
peers and industry standards as well as
assessments of an insurer’s and reinsurer’s
operating plans, philosophy and management.

Rating methodology is continually fine tuned and
adapted by agencies to reflect ever changing
industry, regulatory and legal developments, as
well as changes in underlying business
fundamentals.

If the regulation have been changed or puts more
onerous on insurers and reinsurer the way they
do their business, most business would not flourish
under such regulatory system.

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