Question

What are the different categories used to refer to financial strengths in credit ratings?How do credit rating agencies update the markets with rating information?

a.

Very strong, strong, average, weakThrough annual reports

b.

Excellent, good, fair, poorThrough press releases and websites

c.

Outstanding, satisfactory, below average, vulnerableThrough public hearings

d.

Very strong, strong, poor, extremely weakThrough direct communication with insurers

Answer: Very strong, strong, average, weakThrough press releases and websites Explanation:Financial strengths are referred to differently, ranging from "very strong" to "poor."Credit rating agencies promptly disseminate information regarding newly assigned ratings and changes in earlier ratings through press releases and websites.

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Q. What are the different categories used to refer to financial strengths in credit ratings?How do credit rating agencies update the markets with rating information?

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