X hits on this document

Powerpoint document

Finance 431: Property-Liability Insurance - page 4 / 35

105 views

0 shares

0 downloads

0 comments

4 / 35

Financial Strength

Financial strength is key due to the insurers obligation to pay the principal and interest if default occurs.

Rating Agencies

AAA, Aaa ratings from S&P, Fitch, and Moody’s are needed in order for financial guaranty insurance companies to be able to continue writing coverage and stay in business.

High ratings for the financial guaranty companies leads to high ratings for bonds and securities insured by these companies.

Claims-Paying Ability

Reinsurance

Document info
Document views105
Page views105
Page last viewedMon Jan 16 19:53:53 UTC 2017
Pages35
Paragraphs399
Words2225

Comments