Adams, Mike; Burton, Bruce; Hardwick, Philip - In: Journal of Business Finance & Accounting 30 (2003-04) 3-4, pp. 539-572
This paper examines the determinants of external credit ratings attained by insurance firms in the United Kingdom (UK) and of the likelihood that insurers will have such an assessment. Using panel data relating to A.M. Best-rated and Standard and Poor's (S&P)-rated insurers over the period...