S&P finalizes new insurer rating criteria
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S&P finalizes new insurer rating criteria

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S&P has released its final new insurance rating criteria, after a near two-year development phase in which it ultimately walked back from many proposed changes.

However, the new criteria retain a stricter approach to account for hybrid and debt-funding capital, and S&P estimates that the changes could lead to actions for about 10% of its insurance ratings.

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