Right to reply
In Monte Carlo this year, at the PricewaterhouseCoopers and Reinsurance round table, executives criticised the ratings agencies, none of whom were represented at the high-powered table. In the interest of fairness, Reinsurance decided to give them the opportunity to answer those remarks in this edition. Mairi Mallon reports
Lack of transparency, inexperienced ratings staff, criticism of the use of enterprise risk management (ERM), questions on how ratings agencies raise their money, the issue of who regulates the
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