S&P eyes Q1 launch of second consultation on capital model update
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S&P eyes Q1 launch of second consultation on capital model update

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S&P is looking to launch its second consultation on proposed new criteria for its insurer ratings methodology in Q1, according to its latest guidance, after withdrawing its first consultation last year following strong opposition from the industry.

In December 2021, S&P published a request for comment (RfC) on proposed changes to its risk-based capital adequacy methodology, including changes to treatment of Tier 3 debt and how S&P would map ratings from third-party agencies into its assessments,...

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