A.M. Best Canada Ltd. Introduces Best's Aggregates & Averages--P/C and L/H, Canada CD-ROM.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--Sept. 9, 2002 A.M. Best Canada Ltd., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the A.M. Best Co., announces the introduction of Best's Aggregates & Averages--Property/Casualty and Life/Health, Canada 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). . These never before issued products provide comprehensive and detailed financial overviews of the Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. insurance industry based on the aggregated results of individual insurers and are available in both the Property/Casualty and the Life/Health editions. Each edition is offered in two versions. The stand-alone versions are ideal for analysts whose interest is restricted to aggregate industry data. The WinTRAC add-on version allows existing users of Best's OSFI-Statement browsing See browse. software, WinTRAC Pro, to directly compare individual companies against aggregated industry data for sophisticated benchmarking purposes. Actuaries, underwriters, industry analysts and other professionals will come to depend upon the in-depth statistical information and historical data in Best's Aggregates & Averages--Property/Casualty and Life/Health, Canada CD-ROM to gain a complete understanding of norms and developing trends in the industry. Data compiled on operating results, premiums written and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. trends provide an effective tool for evaluating industry performance in these key areas. Extensive statutory statement data as well as most elements of Best's Key Rating & Statistical Guides have been aggregated over a five-year period. The Property/Casualty edition includes 24 aggregation sets. These sets are comprised of all companies, Canadian, U.S. and foreign-owned companies, stock and mutual companies, broker writers, agency writers, reinsurers, geographic or line of business predominance pre·dom·i·nance also pre·dom·i·nan·cy n. The state or quality of being predominant; preponderance. Noun 1. predominance - the state of being predominant over others predomination, prepotency , just to name a few. The Life/Health edition includes 14 aggregation sets. Comprising some of these sets are: all companies, Canadian, U.S. and foreign-owned companies, reinsurers, individual life, group life or accident & sickness SICKNESS. By sickness is understood any affection of the body which deprives it temporarily of the power to fulfill its usual functions. 2. Sickness is either such as affects the body generally, or only some parts of it. predominating and many others. By providing the ability to benchmark specific companies to their respective peers across these categories, the new Best's Aggregates & Averages--Property/Casualty and Life/Health, Canada CD-ROM databases will prove an essential addition to any Canadian industry watcher's toolbox See toolkit and toolbar. . For more details, please visit A.M. Best Canada Ltd.'s Products and Services Web site at www.ambest.ca. 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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