S&P drops rating mapping proposals after DoJ warning
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S&P drops rating mapping proposals after DoJ warning

Martha Muir
May 09, 2022
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S&P Global Ratings has withdrawn parts of proposed new criteria for its insurer ratings methodology that surrounded how it would treat ratings of other agencies, following a warning from the US Department of Justice (DoJ).

In December, S&P published a request for comment on proposed changes to its risk-based capital adequacy methodology, which had various implications including more remote stress tests on catastrophe exposure.

The

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