{"id":795491,"date":"2026-06-09T07:29:50","date_gmt":"2026-06-08T23:29:50","guid":{"rendered":"https:\/\/www.alphaseek.cn\/?p=795491"},"modified":"2026-06-09T07:29:50","modified_gmt":"2026-06-08T23:29:50","slug":"%e5%93%a5%e4%bc%a6%e6%af%94%e4%ba%9a%e5%a4%a7%e5%ad%a6%e7%a0%94%e7%a9%b6%e7%a7%b0%e7%a7%81%e5%87%bd%e8%af%84%e7%ba%a7%e8%99%9a%e9%ab%98-%e6%8e%a9%e7%9b%96%e4%bf%a1%e7%94%a8%e9%a3%8e%e9%99%a9","status":"publish","type":"post","link":"https:\/\/www.alphaseek.cn\/?p=795491","title":{"rendered":"\u54e5\u4f26\u6bd4\u4e9a\u5927\u5b66\u7814\u7a76\u79f0\u79c1\u51fd\u8bc4\u7ea7\u865a\u9ad8 \u63a9\u76d6\u4fe1\u7528\u98ce\u9669"},"content":{"rendered":"<p>\u54e5\u4f26\u6bd4\u4e9a\u5546\u5b66\u9662\u7814\u7a76\u4eba\u5458\u7684\u6700\u65b0\u7814\u7a76\u663e\u793a\uff0c\u5728\u8fd1\u5e74\u6765<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e5%8d%8e%e5%b0%94%e8%a1%97\" title=\"View all posts in \u534e\u5c14\u8857\" target=\"_blank\" class=\"tag_link\">\u534e\u5c14\u8857<\/a>\u6700\u70ed\u95e8\u9886\u57df \u2014\u2014 \u89c4\u6a211.8\u4e07\u4ebf\u7f8e\u5143\u7684\u79c1\u52df\u4fe1\u8d37\u5e02\u573a\u4e2d\uff0c\u652f\u6491\u5176\u4e2d\u8d8a\u6765\u8d8a\u5927\u4e00\u90e8\u5206\u8d44\u4ea7\u7684\u8bc4\u7ea7\u7cfb\u7edf\u6027\u5730\u4f4e\u4f30\u4e86<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e6%8a%95%e8%b5%84\" title=\"View all posts in \u6295\u8d44\" target=\"_blank\" class=\"tag_link\">\u6295\u8d44<\/a><a href=\"https:\/\/www.alphaseek.cn\/?tag=%e9%a3%8e%e9%99%a9\" title=\"View all posts in \u98ce\u9669\" target=\"_blank\" class=\"tag_link\">\u98ce\u9669<\/a>\u3002<\/p>\n<p>\u8fd9\u4e00\u53d1\u73b0\u6765\u81ea\u672c\u6708\u5728\u7ebf\u53d1\u8868\u3001\u5c1a\u672a\u7ecf\u8fc7\u540c\u884c\u8bc4\u5ba1\u7684\u4e00\u7bc7\u8bba\u6587\uff0c\u52a0\u5267\u4e86\u5916\u754c\u5bf9<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%be%8e%e5%9b%bd\" title=\"View all posts in \u7f8e\u56fd\" target=\"_blank\" class=\"tag_link\">\u7f8e\u56fd<\/a>\u5bff\u9669\u884c\u4e1a\u6f5c\u85cf\u98ce\u9669\u7684\u62c5\u5fe7\u3002\u4fdd\u9669\u516c\u53f8\u6b63\u52a0\u7801\u62bc\u6ce8\u79c1\u52df\u4fe1\u8d37\uff0c\u4e3a\u6253\u9020\u8fd9\u4e9b\u4ea7\u54c1\u7684\u91d1\u878d\u5bb6\u5e26\u6765\u4e86\u4e30\u539a\u6536\u76ca\uff0c\u540c\u65f6\u4fc3\u4f7f\u4e3b\u8981\u76d1\u7ba1\u673a\u6784\u548c\u5206\u6790\u5e08\u8b66\u544a\u79f0\uff0c\u4fdd\u5355\u6301\u6709\u4eba\u53ef\u80fd\u9762\u4e34\u6f5c\u5728\u98ce\u9669\u3002<\/p>\n<p>\u8be5\u7814\u7a76\u805a\u7126\u6240\u8c13\u7684\u79c1\u51fd\u8bc4\u7ea7\uff08private-letter ratings\uff09\uff1b\u8fd9\u7c7b\u8bc4\u7ea7\u4e0d\u50cf\u4f20\u7edf\u516c\u5f00\u8bc4\u7ea7\u90a3\u6837\u5e7f\u6cdb\u4f20\u64ad\u3002Xuelin Li\u3001Sangmin S\uff0e Oh\u548cGiacomo 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BBB\u662f\u6700\u4f4e\u6295\u8d44\u7ea7\u522b\u4e4b\u4e00 \u2014\u2014 \u906d\u53d7\u635f\u5931\u7684\u53ef\u80fd\u6027\u4e0e\u516c\u5f00\u8bc4\u7ea7\u4e3aBB+\u6216BB\u7684\u503a\u5238\u5927\u81f4\u76f8\u5f53\uff0c\u800c\u540e\u8005\u5c5e\u4e8e\u6295\u8d44\u7ea7\u4ee5\u4e0b\u3002<\/p>\n<p>\u201c\u591a\u5e74\u6765\uff0c\u6211\u4eec\u4e00\u76f4\u628a\u8fd9\u5957\u4fe1\u7528\u8bc4\u7ea7\u7cfb\u7edf\u89c6\u4e3a\u7406\u6240\u5f53\u7136\uff0c\u201d\u54e5\u4f26\u6bd4\u4e9a\u5927\u5b66\u52a9\u7406\u6559\u6388Oh\u5728\u63a5\u53d7\u91c7\u8bbf\u65f6\u8868\u793a\uff0c\u201c\u5f88\u591a\u76d1\u7ba1\u63aa\u65bd\u548c\u6295\u8d44\u8005\u7684\u51b3\u7b56\u90fd\u4f9d\u8d56\u4e8e\u4fe1\u7528\u8bc4\u7ea7\u7cfb\u7edf\u5728\u8861\u91cf\u548c\u8bc4\u4f30\u98ce\u9669\u65b9\u9762\u7684\u51c6\u786e\u6027\u3002\u201d<\/p>\n<p>\u5bff\u9669\u516c\u53f8\u4f7f\u7528\u7684\u591a\u6570\u975e\u516c\u5f00\u8bc4\u7ea7\u90fd\u6765\u81ea\u4e09\u5bb6\u8bc4\u7ea7\u673a\u6784\uff1aEgan-Jones Ratings Co\uff0e\u3001Kroll Bond 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class=\"tag_link\">\u4e0a\u5e02<\/a>\u516c\u53f8\uff0c\u4ed6\u4eec\u90fd\u91c7\u7528\u76f8\u540c\u7684\u8bc4\u7ea7\u6807\u51c6\u548c\u65b9\u6cd5\uff0c\u800c\u4e14\u8fd9\u4e24\u79cd\u7c7b\u578b\u90fd\u62e5\u6709\u826f\u597d\u8bb0\u5f55\u3002Morningstar\u8fd8\u8868\u793a\uff0c\u54e5\u4f26\u6bd4\u4e9a\u5927\u5b66\u7684\u62a5\u544a\u5305\u542b\u201c\u4e25\u91cd\u7684\u9519\u8bef\u548c\u5047\u8bbe\u201d\uff0c\u5e76\u79f0\u5176\u7ed3\u8bba\u201c\u5b58\u5728\u4e25\u91cd\u7f3a\u9677\u201d\u3002<\/p>\n<p>Morningstar\u6295\u8d44\u8005<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%ad%96%e7%95%a5\" title=\"View all posts in \u7b56\u7565\" target=\"_blank\" class=\"tag_link\">\u7b56\u7565<\/a>\u4e3b\u7ba1Richard Sibthorpe\u5728\u91c7\u8bbf\u4e2d\u8865\u5145\u79f0\uff0c\u8be5\u8bba\u6587\u5c06\u6240\u6709\u8bc4\u7ea7\u516c\u53f8\u6df7\u4e3a\u4e00\u8c08\uff0c\u6ca1\u6709\u8003\u8651\u5b83\u4eec\u4e4b\u95f4\u7684\u5dee\u5f02\u3002<\/p>\n<p>Egan-Jones\u62d2\u7edd\u7f6e\u8bc4\u3002<\/p>\n<p>\u7814\u7a76\u4eba\u5458\u79f0\uff0c\u622a\u81f3\u53bb\u5e74\u5e95\uff0c\u5bff\u9669\u516c\u53f8\u6301\u6709\u7684\u975e\u516c\u5f00\u8bc4\u7ea7\u8d44\u4ea7\u603b\u989d\u7ea6\u4e3a4\uff0c810\u4ebf\u7f8e\u5143\uff0c\u5360\u5176\u8bc4\u7ea7\u4fe1\u8d37\u7ec4\u5408\u7684\u7ea612%\uff0c\u9ad8\u4e8e2018\u5e74\u7684\u4e0d\u8db32%\u3002<\/p>\n<p>\u534e\u5c14\u8857\u6295\u8d44\u516c\u53f8\u65d7\u4e0b\u7684\u4fdd\u9669\u516c\u53f8\u5f80\u5f80\u66f4\u591a\u4f7f\u7528\u975e\u516c\u5f00\u8bc4\u7ea7\u3002\u5176\u4fdd\u9669\u5173\u8054\u516c\u53f8\u7684\u7533\u62a5\u6587\u4ef6\u663e\u793a\uff0c\u975e\u516c\u5f00\u8bc4\u7ea7\u8bc1\u5238\u5728\u5176\u8bc4\u7ea7\u4fe1\u8d37\u7ec4\u5408\u603b\u989d\u4e2d\u7684\u5360\u6bd4\u53ef\u80fd\u8d85\u8fc720%\u3002<\/p>\n<p>\u8fd9\u5176\u4e2d\u5305\u62ec\u57fa\u91d1\u7ba1\u7406\u516c\u53f8<span><a href=\"https:\/\/stock.finance.sina.com.cn\/usstock\/quotes\/BX.html\" target=\"_blank\" data-sudaclick=\"content_marketkeywords_p\" rel=\"noopener\">\u9ed1\u77f3<\/a><\/span><span><\/span>\u3001Eldridge Capital Management\u3001\u963f\u6ce2\u7f57\u5168\u7403\u7ba1\u7406\u516c\u53f8\u548cKKR\u7684\u4fdd\u9669\u5173\u8054\u516c\u53f8\u3002\u8fd9\u4e9b\u4e1a\u52a1\u7684\u53d1\u8a00\u4eba\u5747\u62d2\u7edd\u7f6e\u8bc4\uff0cResolution Life Group Holdings Ltd\uff0e\u7684\u4ee3\u8868\u4e5f\u62d2\u7edd\u7f6e\u8bc4\uff0c\u8be5\u516c\u53f8\u8058\u7528\u9ed1\u77f3\u62c5\u4efb\u8d44\u4ea7\u7ba1\u7406\u4eba\u3002<\/p>\n<p>Massachusetts Mutual Life Insurance Co\uff0e\u8868\u793a\u5176\u4e94\u5341\u591a\u5e74\u6765\u4e00\u76f4\u662f\u79c1\u52df\u4fe1\u8d37\u9886\u57df\u201c\u81ea\u5f8b\u4e14\u6210\u529f\u7684\u6295\u8d44\u8005\u201d\u3002\u8be5\u516c\u53f8\u5728\u5176\u8bc4\u7ea7\u4fe1\u8d37\u7ec4\u5408\u4e2d\u670924%\u4f7f\u7528\u975e\u516c\u5f00\u4fe1\u8d37\u8bc4\u7ea7\u3002\u201c\u6211\u4eec\u7684\u7b56\u7565\u5728\u4e0d\u540c<a href=\"https:\/\/www.alphaseek.cn\/?tag=%e7%bb%8f%e6%b5%8e%e5%91%a8%e6%9c%9f\" title=\"View all posts in \u7ecf\u6d4e\u5468\u671f\" target=\"_blank\" class=\"tag_link\">\u7ecf\u6d4e\u5468\u671f<\/a>\u4e2d\u6301\u7eed\u8dd1\u8d62\u516c\u5f00\u5e02\u573a\u66ff\u4ee3\u54c1\uff0c\u53cd\u6620\u51fa\u6211\u4eec\u8de8\u8d44\u4ea7\u7c7b\u522b\u548c\u884c\u4e1a\u7684\u591a\u5143\u5316\u6295\u8d44\u65b9\u5f0f\uff0c\u201d\u8be5\u516c\u53f8\u5728\u58f0\u660e\u4e2d\u8868\u793a\u3002<\/p>\n<p>\u54e5\u4f26\u6bd4\u4e9a\u5927\u5b66\u7814\u7a76\u4eba\u5458\u4f30\u8ba1\uff0c\u5982\u679c\u975e\u516c\u5f00\u8bc4\u7ea7\u4e0e\u5e95\u5c42\u8d44\u4ea7\u8868\u73b0\u76f8\u4e00\u81f4\uff0c\u4fdd\u9669\u516c\u53f8\u9700\u8981\u591a\u6301\u6709\u7ea645\u4ebf\u7f8e\u5143\u8d44\u672c\uff0c\u8fd9\u4e00\u603b\u989d\u5c06\u7531\u4e00\u6279\u516c\u53f8\u5171\u540c\u627f\u62c5\u3002<\/p>\n<p>\u5728\u7f8e\u56fd\uff0c\u4fdd\u9669\u516c\u53f8\u4e3b\u8981\u7531\u5176\u6ce8\u518c\u6240\u5728\u5dde\u76d1\u7ba1\uff0c\u800c\u5168\u56fd\u4fdd\u9669\u76d1\u7763\u5b98\u534f\u4f1a\uff08NAIC\uff09\u5236\u5b9a\u5168\u56fd\u6027\u6807\u51c6\uff0c\u5e76\u81ea\u884c\u5bf9\u5c11\u6570\u8d44\u4ea7\u8fdb\u884c\u8bc4\u7ea7\u3002<\/p>\n<p>NAIC\u5728\u58f0\u660e\u4e2d\u8868\u793a\uff1a\u201cNAIC\u548c\u5dde\u4fdd\u9669\u76d1\u7ba1\u673a\u6784\u591a\u5e74\u6765\u4e00\u76f4\u5728\u79ef\u6781\u76d1\u6d4b\u5e76\u9010\u6b65\u5e94\u5bf9\u4fdd\u9669\u516c\u53f8\u4e0d\u65ad\u6f14\u53d8\u7684\u6295\u8d44\u7ec4\u5408\u3002\u201d\u8be5\u7ec4\u7ec7\u6307\u51fa\uff0c\u76d1\u7ba1\u673a\u6784\u53ef\u914c\u60c5\u8d28\u7591\u8bc4\u7ea7\u3002<\/p>\n<p>\u8d23\u4efb\u7f16\u8f91\uff1a\u738b\u6c38\u751f 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[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":[],"categories":[4],"tags":[195,264,40,142,241,88,242,367,192],"views":23,"_links":{"self":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/795491"}],"collection":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=795491"}],"version-history":[{"count":0,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=\/wp\/v2\/posts\/795491\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=795491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=795491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alphaseek.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=795491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}