ABIR accuses S&P of “overuse of market power” over proposed debt treatment
The Association of Bermuda Insurers and Reinsurers (ABIR) has said it strongly opposes a proposal by S&P Global Ratings to disallow senior debt as a form of available capital, calling the rating agency’s draft plan “disruptive” and an “overuse of market power”.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below