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AM Best Uses “SFAA’s Construction Loss Severity Model” as Part of New Surety Company Rating Criteria

Tuesday, August 26, 2014  

A.M. Best has released new criteria for rating surety companies which incorporates the advice and commentary provided by SFAA. This methodology includes the use of SFAA’s Construction Loss Severity PML Model to calculate the probable maximum losses of a surety writer’s largest contract exposures.

View "A.M. Best Methodology: Rating Surety Companies" document

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