Question

Credit ratings are recognized worldwide as the benchmark for assessing the financial strength of:

a.

Insurers and reinsurers

b.

Insurance and reinsurance professionals

c.

Regulatory agencies

d.

Investors

Answer: (a).Insurers and reinsurers Explanation:Credit ratings are recognized as the benchmark for assessing insurers' financial strength, indicating that they are primarily used to evaluate the financial standing of insurers and reinsurers.

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Q. Credit ratings are recognized worldwide as the benchmark for assessing the financial strength of:

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