A.M. Best Announces Upcoming Shipments of Best's Insurance Reports on CD-ROM--International, 2002 Edition Final Interim Update.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--Sept. 9, 2002 A.M. Best Co. is preparing to ship the latest update of Best's Insurance Reports on CD-ROM--International, 2002 edition. Launched in 1984, Best's Insurance Reports--International is the premier source for researching the financial strength and operations of insurance companies located throughout the world. Containing company reports of more than 2,550 non-U non-U adj. Chiefly British Not characteristic of the upper class, especially in language usage. [non- + U2. .S. insurers in over 60 countries, Best's Insurance Reports on CD-ROM--International presents five years of vital information and analysis such as Best's Ratings Best's rating A rating A.M. Best Co. assigns to insurance companies based on the company's ability to meet its obligations to its policyholders. and Rating rationale rationale (rash´  nal´),n the fundamental reasons used as the basis for a decision or action. , key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action. and Profitability, Leverage and Liquidity tests. Unlike insurance companies in the U.S., which file their annual statements at the same time, international companies file their annual statements on a variety of timetables determined by their country of domicile domicile (dŏm`əsīl'), one's legal residence. This may or may not be the place where one actually resides at any one time. The domicile is the permanent home to which one is presumed to have the intention of returning whenever the purpose . A.M. Best's year-round schedule of updates keeps the most current information available allowing for timely access to the international insurance market. The current release includes the final update for 2002 with updates to all ratings and reports where applicable. The 2003 edition is scheduled to be released in the first quarter of 2003. Professionals depend upon Best's Insurance Reports on CD-ROM--International to stay on top of the global insurance industry. With it, they scan non-U.S. companies' ratings, examine the background and financial performance of carriers for placing risks abroad and evaluate the strength of international affiliate Affiliate Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company. offices. They also use it to research growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. for assets, surplus, premiums and income and to access currency exchange rates and lists of insurance regulators in other countries. Purchase of Best's Insurance Reports on CD-ROM--International includes access to BestDirect(TM), A.M. Best's notification and company-tracking service. Registered subscribers can select insurance companies listed on the 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). and then receive e-mail notification as soon as A.M. Best issues a rating change, news item or press release regarding the selected companies. Visit A.M. Best Company's Products and Services Web site at www.ambest.com/sales for more information, including product samples and demos. A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com. |
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