Allianz picks credit valuation provider

Moody’s KMV components will be used by the investment and commercial banking and insurance divisions of Allianz SE for multiple purposes in credit risk management, including the provision of early detection warnings, risk-adjusted pricing, economic capital calculation and allocation down to the exposure level. “We view this partnership as a means of enhancing our banking and insurance businesses through better management of credit risk,” said Raj Singh, chief risk officer of Allianz Group.

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