28 May 2015 Insurance

Fitch launches new model for Asia-Pacific

Rating agency Fitch has unveiled its latest risk-based model to assess the capital strength of insurers for the Asia-Pacific region.

This follows the successful launch and implementation of Prism Factor-Based Capital Model in Europe, Middle East and Africa (EMEA) in September last year.

It enables Fitch to bring insurers writing business in different regions under varying accounting standards into a single framework and to develop a comparable capital score for use in the rating process.

The model has been launched in the Asia-Pacific region, excluding Indonesia and Sri Lanka, where the model will be launched later in 2015.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk