Biba launches financial strength ratings service

An insurer financial strength ratings service has been launched by the British Insurance Brokers' Association that will tell members, in real time, the rating of the insurance companies they are using. Insurance Ratings View, which is provided by Standard and Poor's, will assist with ensuring members are fully compliant with Financial Services Authority requirements for due diligence. Ratings will be issued following the analysis of nine criteria, which take financial, industry and business

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