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

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.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

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

Recommended Subjects

Are you eager to expand your knowledge beyond IC85 Reinsurance Management? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!