Connie Wong (Standard & Poor's) - Singapore College of Insurance
Connie Wong (Standard & Poor's) - Singapore College of Insurance
Connie Wong (Standard & Poor's) - Singapore College of Insurance
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Default Rates Over Time by Rating Category<br />
15-yr Average Cumulative Default Rates (%) (1981-<br />
2003)<br />
70<br />
60<br />
50<br />
Default rate<br />
40<br />
30<br />
20<br />
10<br />
0<br />
AAA AA A BBB BB B CCC<br />
<strong>Standard</strong> & <strong>Poor's</strong> Ratings<br />
6.<br />
CONFIDENTIAL AND PROPRIETARY.<br />
August Permission 2005 to reprint or distribute any content from this presentation requires the written approval <strong>of</strong> <strong>Standard</strong> & Poor’s.
Change language