A.M. Best Expands Captive Industry Coverage to Include New Section in Best's Review.OLDWICK, N.J. -- A.M. Best Co. announces, as part of their ongoing commitment to the captive captive said of naturally wild or feral animals kept in captivity for educational and scientific investigation with no attempt being made to domesticate them. industry, a special advertising and editorial section in Best's Review magazine's August Issue, "Issues & Answers: Captives and Captive Domiciles." A.M. Best rates more than 250 captive companies, with more than 40 of those ratings added in the past two years. A.M. Best provides online access to captive focused news coverage, research and rating methodology documents through Best's Captive Center. A.M. Best participates in major captive industry events each year and has an international team of analysts dedicated to the rating of captive entities. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. John Andre An·dré , John 1751-1780. British army officer hanged as a spy in the American Revolution for conspiring with Benedict Arnold. , A.M. Best's group vice president in charge of captive ratings, "Previously when the market would soften, captives would be put on the shelf or significantly downsized. A.M. Best feels that captives are now much more of a mainstream insurance solution that is embraced by corporate risk managers, who are increasingly seeing the value of the rating as evidenced by the increase in ratings we have seen. When it comes to group captives, insureds are becoming more and more cognizant cog·ni·zant adj. Fully informed; conscious. See Synonyms at aware. [From cognizance.] Adj. 1. of the industry specific, value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services and expertise that they can get out of a group captive or risk retention group." "Best's Review magazine routinely covers the captive market," said Lee McDonald, group vice president of communications at A.M. Best. "The interest we've we've Contraction of we have. we've have received in the Issues & Answers section is indicative indicative: see mood. of the growing importance of this sector." To reflect the global expansion of the captive sector, Best's Review will conduct interviews of leaders in the alternative risk transfer market and present those interviews in the print and digital editions of the magazine. The interviews also will be posted online as part of the "Issues & Answers Podcast Series." To learn more about captive ratings or to visit Best's Captive Center, go to www.ambest.com/captive. For more information on the Best's Review "Issues & Answers: Captives & Captive Domiciles" section, visit http://www.ambest.com/sales/iacaptives.pdf. Founded in 1899, A.M. Best Company is a global full-service full-ser·vice adj. Associated with or offering complete service: full-service gasoline pumps; full-service banks. credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com. |
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