Question

What is the purpose of periodic reviews conducted by credit rating agencies?

a.

To evaluate the profitability of insurers and reinsurers

b.

To monitor changes in the regulatory framework

c.

To assess the quality of management in insurance companies

d.

To ensure the accuracy and relevance of published ratings

Posted under IC85 Reinsurance Management

Answer: (d).To ensure the accuracy and relevance of published ratings Explanation:Credit rating agencies conduct periodic reviews of all published ratings to ensure that they remain accurate and relevant. These reviews help maintain the integrity of the rating system and provide up-to-date information to the markets.

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