Standard and Poor’s definition
Examples of Standard and Poor’s in a sentence
REINSURER must report any adverse change in Standard and Poor’s Rating to CEDING COMPANY within fifteen (15) days of the change.
REINSURER’s Standard and Poor’s Rating is reduced to a “BBB” or lower.
For this reason, unless advised otherwise separately in writing, We will not recommend, or place Your business with, insurers that do not have an adequate financial strength rating (BBB- or better from Standard and Poor’s or equivalent) from an independent rating agency such as Standard and Poor’s or A M Best.
The insurance required herein must be provided by an insurer rated by the A.M. Best as “A-” or better or are rated “A” by Standard and Poor’s.
The Company will apply to be included in Standard and Poor’s Daily News and Corporation Records Corporate Descriptions for a period of five years from the consummation of a Business Combination.