What happens if the insurer refuses an interactive meeting?

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What happens if the insurer refuses an interactive meeting?

When forming an insurer’s rating, the process relies on a mix of data sources, including public disclosures and, when possible, direct discussions with the insurer. If the insurer refuses an interactive meeting, you still need to derive and issue a rating using the information that is publicly available. This keeps the rating timely, objective, and transparent, since it is based on verifiable public data such as regulatory filings, financial statements, and other disclosures, rather than stalling or relying on undisclosed information. Publishing a rating built from public information communicates the health and risk profile to the market even without the meeting, and it allows for future updates if more data becomes available. In contrast, waiting for future data or canceling the rating would leave market participants without a verdict, and relying exclusively on historical data would ignore relevant new developments that public data might reveal. Public information, together with the rating methodology, provides a defensible basis for the rating when an interactive meeting cannot occur.

When forming an insurer’s rating, the process relies on a mix of data sources, including public disclosures and, when possible, direct discussions with the insurer. If the insurer refuses an interactive meeting, you still need to derive and issue a rating using the information that is publicly available. This keeps the rating timely, objective, and transparent, since it is based on verifiable public data such as regulatory filings, financial statements, and other disclosures, rather than stalling or relying on undisclosed information.

Publishing a rating built from public information communicates the health and risk profile to the market even without the meeting, and it allows for future updates if more data becomes available. In contrast, waiting for future data or canceling the rating would leave market participants without a verdict, and relying exclusively on historical data would ignore relevant new developments that public data might reveal.

Public information, together with the rating methodology, provides a defensible basis for the rating when an interactive meeting cannot occur.

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