Litmus Analysis announced that Karin Clemens, the former head of S&P’s European insurance rating practice, is joining Litmus. She “will bring even further experience in ratings to the Litmus team, working across the full range of Litmus offerings and also developing some new areas,” the announcement said.
Clemens “will lead the development of Litmus in the German speaking markets and initiatives with Global Groups and Life insurers, as well as bringing her expertise in the S&P approach to debt ratings for insurers to our clients.”
Clemens was with S&P for 18 years, and was responsible for a team of 35 specialist insurance analysts. She indicated that she is “delighted to be joining several of my former S&P colleagues at Litmus. There is great potential in the German speaking markets for Litmus’ Ratings Advisory, Training and Analytical Services.”
Clemens led the European S&P analytical team through the roll-out of the new S&P criteria over the last 2 years, delivering a step-change in the transparency and detail of S&P’s insurance ratings criteria.
Litmus founder Peter Hughes described Clemens joining the firm as “fantastic news;” as he noted that the “Litmus team already offers our clients a truly unique degree of seniority and depth in our ratings advisory resources and analytical services and Karin helps us take that to a further level still.”
Source: Litmus Analysis
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