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16 January 2025news

Demotech seeks comments on change to PCC methodology

Rating agency Demotech is requesting comment on its proposed update to its financial stability rating methodology related to reviewing and rating protected cell captives (PCCs) and similar entities.

The proposed update is intended to better address some of the unique attributes of PCCs or segregated cell facilities and provide additional details regarding Demotech’s review of these entities. 

The update will be incorporated into the currently applicable financial stability rating methodology. Demotech has determined that it would be useful to receive feedback on its proposed update from market participants and interested parties.

Demotech does not expect any currently assigned ratings to change as a result of this update to its methodology.

Comments may be submitted via the Regulatory Comment Submission form on Demotech’s website: https://www.demotech.com/regulatory/ or directed via email to bcoleman@demotech.com. 

The request for comment period will remain open until February 14, 2025.

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