Catlin opts for Fitch’s CDS Pricing and MIR service

by Gill Montia

Story link: Catlin opts for Fitch’s CDS Pricing and MIR service

Fitch Solutions, part of the Fitch credit rating group, has reported that Catlin Group will be implementing its CDS Pricing and Market Implied Ratings services.

Catlin is a Bermuda-based international specialist property/casualty insurer and reinsurer, and the move will improve pricing of its emerging market credit insurance products.

The service has the capacity to combine Fitch Solutions’ credit default swap data with its proprietary CDS and equity market implied ratings, and more.

The CDS Pricing services can be used for valuations and measuring daily profit and loss of a fund, as well credit risk assessments for over 20,000 global bodies.

The combination of CDS Benchmarking, CDS Pricing and Market Implied Ratings tools will give Catlin extensive coverage of emerging market entities and provide insight into how risk is being priced in emerging markets.