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
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Ratings<br />
Insurer Financial Strength Rating (IFSR)<br />
• An Insurer Financial Strength Rating is an current opinion <strong>of</strong> the<br />
financial security characteristics <strong>of</strong> an insurance organization with<br />
respect to its ability to pay under its insurance policies and contracts in<br />
accordance with their terms.<br />
Counterparty Credit Rating (CCR)<br />
• A counterparty credit rating is a current opinion <strong>of</strong> an obligator’s<br />
overall capacity and willingness to meet its financial commitments as<br />
they come due.<br />
7.<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.