2007 Best's Financial Suite - Reinsurance Tracks Insurers Ceding or Assuming Risk.

OLDWICK, N.J. -- A.M. Best Co. has released the 2007 Best's Financial Suite - Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. , which includes Best's Schedule F and Best's Schedule S. These CD-ROM CD-ROM: see compact disc.

CD-ROM
in full compact disc read-only memory

Type of computer storage medium that is read optically (e.g., by a laser). databases include reinsurance data from the 2006 financial statements of thousands of property/casualty and life/health insurance companies, respectively. Both products now include group data.

Users of either product can track how insurers are reducing their possible maximum losses by ceding cede
tr.v. ced·ed, ced·ing, cedes
1. To surrender possession of, especially by treaty. See Synonyms at relinquish.

2. a portion of their liability to reinsurers. The databases show where insurers are placing their reinsurance business and how much reinsurance they carry.

Purchasers of either product also receive access to BestAlert Service,([TM]) A.M. Best's company-tracking and notification system A modern notification system is a combination of software and hardware that provides a means of delivering a message to a set of recipients. For example, notification systems can send an e-mail when a new topic has been added to Wikipedia. . Registered users receive e-mail notification of rating changes, news articles, press releases and company report updates for insurers they select.

For more information on Best's Schedule F or Best's Schedule S, call (908) 439-2200, ext. 5311, or visit http://www.ambest.com/sales/schedulef or http://www.ambest.com/sales/schedules.

Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com.

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Publication:	Business Wire
Date:	Apr 23, 2007
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