A.M. Best's Guide to Understanding the Insurance Industry Now Available through Amazon.com.OLDWICK, N.J. -- A.M. Best Co.'s Guide to Understanding the Insurance Industry is now available for purchase at www.insurancebookstore.com. The guide is a concise, comprehensive handbook
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Adjective knowing a lot about a great variety of subjects or about one particular subject Adj. 1. well-informed - possessing sound knowledge; "well-informed readers" intelligent decisions. It is also an excellent tool for support staff who are new to the insurance business. Packed with colorful charts and graphs, this user-friendly reference includes an industry overview, a glossary A term used by Microsoft Word and adopted by other word processors for the list of shorthand, keyboard macros created by a particular user. See glossaries in this publication and The Computer Glossary. of terms and a calendar of events. The guide covers a wide variety of topics, giving the reader a clear understanding of: * Property/Casualty Insurance * Life Insurance * Health Insurance * 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. * How Insurance Is Regulated * Solvency The ability of an individual to pay his or her debts as they mature in the normal and ordinary course of business, or the financial condition of owning property of sufficient value to discharge all of one's debts. solvency n. & Ratings * Insurance Resources A.M. Best is the most authoritative voice in the insurance and financial industry. The information presented in The Guide to Understanding the Insurance Industry is gathered from a variety of sources within the A.M. Best family of publications and information products, and originates from the company's proprietary database. To place an order, go to www.insurancebookstore.com. To learn more about the guide, visit http://guides.ambest.com. 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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