Fitch Publishes Updated Insurance-Linked Securities Methodology

CHICAGO--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: Insurance-Linked Securities Methodology
https://www.fitchratings.com/site/re/889107

Fitch Ratings has published its periodic review and update of its methodology for rating insurance-linked securities. This report replaces the criteria of the same title published in July 2015. The Insurance-Linked Securities Methodology is a sector-specific rating criteria report and draws upon other criteria from the Structured Finance and Insurance sectors in assigning the rating.

Insurance-linked securities are used to transfer insurance risks to the capital markets, to fund excess reserve requirements, or to securitize value-in-force cash flows.

The primary changes to the criteria were editorial in order to meet Fitch's internal requirements, eliminate redundancies or clarify certain sections. The criteria edits did not impact or lead to changes to any current Fitch credit ratings.

The full report "Insurance-Linked Securities Methodology" is available on the Fitch Ratings website at www.fitchratings.com, or by clicking on the link.

Additional information is available at www.fitchratings.com

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