Financial Strength Rating Scale

The Financial Strength Rating Scale ("FSR Scale") is the rating scale used to assign and maintain credit ratings that reflect Morningstar DBRS' opinion on the ability of an insurance company or insurance organization to make timely and full payment of its obligations on policyholder claims and benefits as well as on financial contract guarantees. The FSR Scale applies to all Morningstar DBRS Analytical Personnel globally. It should be read in conjunction with all other applicable credit ratings-related policies and procedures.