News & Events
2023.6.2
CCXAP publishes Request for Comment (RFC) on the proposed Rating Methodology for Insurers
Hong Kong, 2 June 2023, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) proposes to introduce a new methodology for assessing the credit quality of insurance companies. The proposed methodology broadly applies to insurers globally, including insurers in life and health, property and casualty, trade credit, as well as reinsurers.
In this request for comment, CCXAP invites interested market participants to submit written comments on the proposed rating methodology by 3 July 2023 on the Request for Comment page or via email at info@ccxap.com. CCXAP will review and take all received comments into account before publishing the methodology.
PROPOSED METHODOLOGY FOR INSURERS: [LINK]
REQUEST FOR COMMENT PAGE: [LINK]