A.M. Best Announces Web Access to Actuarial Opinion PDFs with Best's Statement File on CD-ROM--Life/Health and Property/Casualty.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--Dec. 10, 2002 A.M. Best Co. announces the availability of Actuarial Opinion PDFs for users of Best's Statement File on CD-ROM--Life/Health and Property/Casualty. The Actuarial Opinion PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. (Portable Document Format (file format) Portable Document Format - (PDF) The native file format for Adobe Systems' Acrobat. PDF is the file format for representing documents in a manner that is independent of the original application software, hardware, and operating system used to create those documents. ) files are included as a part of the PDFs of the Management Discussion and Analysis (MD&A) and Annual Statements that are currently accessible via Internet links embedded in the software. The Actuarial Opinion is a signed statement by a qualified actuary actuary One who calculates insurance risks and premiums. Actuaries compute the probability of the occurrence of such events as birth, marriage, illness, accidents, and death. giving an opinion relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the adequacy of reserves and related actuarial items based on an asset adequacy analysis. The information contained in the Actuarial Opinion examines the actuarial assumptions and methods used in determining these reserves and other actuarial items as shown in the Annual Statement of the Company. Purchasers of either edition of Best's Statement File on 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). also have Internet access See how to access the Internet. to a PDF version of a company's annual statement, complete with supplemental schedules and supporting documents, such as the Management Discussion and Analysis (MD&A) document. "This new feature is the result of an interactive relationship with our customers," said Paul Tinnirello, Executive Vice President of Information Services See Information Systems. for A.M. Best Company. "We are committed to providing high quality data and strong software functionality combined with ease of use for those who need to access the vast amount of data in the insurance industry." Best's Statement File suite is the insurance industry's leading source of information as filed on insurers' regulatory financial statements. It is delivered in a variety of editions, including supplements covering 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. , investments and expenses. Insurance professionals responsible for market research and business development use the information in Best's Statement File on CD-ROM to evaluate their company's competitive position and to perform broad-based insurance industry research. A.M. Best has published this information in electronic format since 1992 and has been the world's leading provider of insurance industry information and ratings since 1899. Visit A.M. Best Company's Products and Services Web site at www.ambest.com/sales for more information, including product samples and online demonstrations. 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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