OLDWICK, N.J., Oct 10 (Bernama-BUSINESS WIRE) — A new Best’s Commentary addresses frequently asked questions about Best’s National Scale Ratings (NSR) and how they compare with global Best’s Credit Ratings.
An NSR is a relative measure of the financial strength of insurers and reinsurers that are domiciled in the same country. The NSR focuses on local insurance market characteristics and allows for a more appropriate comparison among domestic market participants, which over time should allow for greater differentiation among them. AM Best currently assigns NSRs in Egypt, India, Indonesia, Mexico, the Philippines and Vietnam.