Scope enters insurance ratings

Scope has issued a proposed insurance rating methodology for public consultation until 10 December 2026. The methodology lays out the transparent and comprehensive framework Scope has built to assess the creditworthiness of insurers and reinsurers and their financial obligations.

Scope’s coverage will extend to a broad range of business models, from life and non-life insurers to reinsurers, mutuals, captives, start-ups and consolidators.

Florian Stapf, Head of Fundamental Ratings Sales, said: “By launching insurance ratings, we are responding to demand from investors and issuers. With this step Scope now covers all relevant asset classes for the credit markets. It builds naturally on our existing coverage and marks a milestone in the development of our financial institutions franchise.”

Marco Troiano, Head of Financial Institutions Ratings, said: "Our analytical approach to insurance companies is closely aligned with the principles underpinning our bank ratings while reflecting the specific characteristics and credit risks of the insurance sector. This consistency supports comparability across financial institutions while providing a transparent and insurance-focused assessment of credit quality."

Federico Faccio, Head of Insurance Ratings, said: “We have developed a distinct approach, including a transparent framework that captures the main drivers of insurers’ creditworthiness – from business-model and operating-environment assessments to capital strength, financial performance, asset quality and liquidity. And we have fully integrated the insurance-specific risks that matter most to policyholders and investors.”

The proposed methodology is available here.

Webinar: join us for a webinar on 24 Nov at 11:00 CET when Marco Troiano and Federico Faccio will outline Scope’s approach to insurance and answer delegate questions. Register here.