Glossary of Terms Cuts Out Jargon in Insurance Securitisation

Standard & Poor’s has released its first glossary of insurance securitization terms, providing a comprehensive list of the terms used in this emerging sector. ‘While still at a nascent stage, securitizing different insurance products has taken off, with various enquiries coming to us,’ said credit analyst Earl Lancaster, a director in the insurance ratings group in London. Lancaster explained that the glossary has particular benefit as insurance securitization involves credit analysis in two very jargon-filled markets: ‘Both insurance and structured finance use terms unique to these areas of the financial market.’ The glossary is available on the rating agency’s website.


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