February 18, 2021

“Michigan-based Trinity Health’s rating remains unchanged after its decision to unload Chicago-based Mercy Hospital through a Chapter 11 bankruptcy but the decision that has faced pushback from local officials could pose reputational risks, S&P Global Ratings said in a bulletin last week.”

Bond Buyer
February 18, 2021

““We believe there is reputational risk around the decision to file bankruptcy […],” S&P said.”

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Markets value ESG, so reputation risk is material to institutional investors and credit raters.

For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.

Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.

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