Fitch Ratings Clarifies Elements of Insurance Rating Methodology

Fitch Ratings has revised elements of its rating methodology for clarification, the company announced Thursday. The revisions, published in an update to the company's master insurance criteria, "Insurance Rating Methodology," will not affect existing ratings. The updates do not make any substantive changes to rating criteria, Fitch said in a press release. The changes primarily serve to increase clarity. Among others, revisions include: Updated commentary on operating environment and industry profile for various market sectors. More detail on the treatm...