Fitch Publishes Updated Insurance-Linked Securities Methodology

CHICAGO--()--Link to Fitch Ratings' Report: Insurance-Linked Securities Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=752532

Fitch Ratings has published its periodic review and update of its methodology for rating insurance-linked securities. This report replaces the criteria of the same title published in August, 2012.

The updates consist of eliminating redundant language, clarifying the interpretation of its calibration matrix and modernizing a few sections to reflect market trends. These changes had no rating effect on any current and outstanding issues rating by Fitch.

The Insurance-Linked Securities Methodology is a sector-specific rating criteria so it also draws on other criteria from the Structured Finance and Insurance in developing the rating.

The full report "Insurance-Linked Securities Methodology" is freely available on the Fitch Ratings website at www.fitchratings.com.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Contacts

Fitch Ratings
Jeff Mohrenweiser, +1 312-368-3182
Senior Director
Fitch Ratings, Inc.
70 West Madison Street
Chicago, IL 60603
or
Kevin Corrigan, +1 212-902-9156
Senior Director
or
Media Relations:
Brian Bertsch, +1 212-908-0549
brian.bertsch@fitchratings.com

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Contacts

Fitch Ratings
Jeff Mohrenweiser, +1 312-368-3182
Senior Director
Fitch Ratings, Inc.
70 West Madison Street
Chicago, IL 60603
or
Kevin Corrigan, +1 212-902-9156
Senior Director
or
Media Relations:
Brian Bertsch, +1 212-908-0549
brian.bertsch@fitchratings.com