Qualitative Insurance Company Credit Rating Factors

Qualitative Insurance Company Credit Rating Factors

In the third video of his series on ‘Insurance company credit factors', Gurdip explains the rating factors - reserve adequacy, market position, business risk and diversification,  governance and management, risk management, and reinsurance and catastrophe risk.
Overview

Reserve adequacy, market position, business risk and diversification, governance and management, risk management, and reinsurance and catastrophe risk. Usually market position and business risk tend to be rating drivers. For some P&C insurers reserve adequacy may be more prominent depending on the type of business written.

Key learning objectives:

  • Define the rating factors for the adequacy of the reserve

  • Explain the Risk of Business and Diversification and role of Governance and Management.

  • Explain the role of risk management

  • Define Reinsurance and Catastrophe Risk

  • Explain the value of the insurance company\\\'s market position in a dynamic environment.

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Summary
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Expert
Gurdip Dhami

Gurdip Dhami

Gurdip has 25 years of experience in the financial services industry. He has had roles in corporate treasury, risk management, debt capital markets, debt advisory, ratings advisory and financial reporting. During this time, Gurdip has worked at Standard Chartered Bank, JPMorgan and RBS. He is currently a Non Executive Director, writer and trainer.

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