Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018

To view the full Insurance Insider site click here

AM Best shuns Solvency II model use in ratings

  • Matthew Neill 22 May 2017
  • AM Best has said it will not directly use Solvency II results in its rating assessments over concerns the regime does not provide an accurate picture of carriers' balance sheets.

    In a statement released today to coincide with the first solvency and financial condition reports under the new regulations, the rating agency said while Solvency II represented the European regulatory position and is intended to be risk-based, it would instead continue to use its internal Best's Capital Adequacy Ratio (BCAR)...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login