More than 10% of S&P’s insurance ratings to be placed ‘under criteria observation’: Litmus Analysis
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More than 10% of S&P’s insurance ratings to be placed ‘under criteria observation’: Litmus Analysis

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In May, S&P Global Ratings estimated that its proposed new criteria for its insurer ratings methodology will lead to rating actions on up to 10% of rated carriers, but Litmus Analysis has stated that it expects that this estimate is not intended to represent the upper limit of possible rating changes.

Litmus Analysis, in its latest blogpost, has stated that it expects more than 10% of S&P’s insurance ratings will be placed “under criteria observation” (UCO) as it has understood S&P’s policy to mean that it will seek to have...

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