Fidelis Insurance Bermuda Limited has announced AM Best has affirmed the company's Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings
(Long-Term ICR) of Fidelis Underwriting Limited (United Kingdom) and Fidelis Insurance Ireland Designated Activity Company (Ireland) to a-, the company said.
The outlook of these Credit Ratings
(ratings) is stable.
A sovereign credit rating
is defined as 'an independent assessment of the creditworthiness of a country or sovereign entity.
KARACHI -- State Bank of Pakistan has renewed the status of both credit rating
agencies operating in Pakistan namely 'VIS Credit Rating
Company Limited (VIS)' and 'The Pakistan Credit Rating
Agency Limited (PACRA)' as eligible / recognized External Credit Assessment Institutions for the calendar year 2019.
The Philippines current enjoys investment-grade credit ratings
from the top three debt watchers, namely Moody's Investors Service, Fitch Ratings and S and P Global Ratings.
Last month, Moody's, one of the biggest credit rating
agencies, warned that the possible shift to federalism could drag the country down.
Commenting on S&P's credit rating
KARACHI -- The State Bank of Pakistan (SBP) has renewed the status of both credit rating
agencies operating in Pakistan namely JCR-VIS Credit Rating
Company Limited and The Pakistan Credit Rating
Agency Limited as eligible/ recognized External Credit Assessment Institutions (ECAIs) for the calendar year 2018.
"Our positive outlook on DBP reflects the outlook on the sovereign credit rating
. The ratings on DBP will move in tandem with the sovereign credit ratings
on the Philippines.
Sovereign Credit Ratings
and Financial Market Linkages.
are considered as an integral pillar of both public and private debt markets and therefore understanding this concept is vital for participants.
KUWAIT, June 1 (KUNA) -- The Ministry of Commerce and Industry organized a workshop on the international credit ratings
system to which representatives from 29 government bodies were invited, a ministry official said on Wednesday.
Until now, insurance firms have only been able to invest foreign currency securities when they have credit ratings
approved by international credit ratings
"Reducing reliance on credit ratings
to determine which securities money market funds can hold is an important part of our efforts related to these funds," said SEC Chairwoman Mary Jo White, in a statement.