A.M. Best Introduces In-Depth Summary Reports With Downloadable Data for Life/Health Companies.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--Aug. 18, 2003 A.M. Best Co. now offers for individual purchase Best's Executive Summary Reports (Financial Overview) for life/health companies. Best's Executive Summary Reports for property/casualty companies were released in June. These reports were developed as part of Best's Data Services - Online, the company's online financial data service. Best's Executive Summary Reports are full-color, presentation-style reports that feature five years of balance sheet and income statement data and key financial performance tests including profitability, liquidity and reserve analysis. These 12-page reports are available for all life/health and property/casualty companies that file an annual financial statement with the NAIC NAIC See National Association of Investors Corporation (NAIC). and A.M. Best Company. Financial data is presented in graphical and tabular tab·u·lar adj. 1. Having a plane surface; flat. 2. Organized as a table or list. 3. Calculated by means of a table. tabular resembling a table. format for the following areas: -- Balance Sheet -- Income Statement -- Bond Portfolio Composition -- Profitability Analysis -- Liquidity Analysis -- Capitalization capitalization n. 1) the act of counting anticipated earnings and expenses as capital assets (property, equipment, fixtures) for accounting purposes. 2) the amount of anticipated net earnings which hypothetically can be used for conversion into capital assets. Analysis -- Loss Reserve Analysis -- Ceded 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. Analysis Customers can access each report online for up to 14 days from the date of purchase. During that time, the report can be downloaded, printed, or exported into Word, Excel, Adobe 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. (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. ) or Rich Text Format Rich Text Format - (RTF) An interchange format from Microsoft for exchange of documents between Word and other document preparation systems. . Best's Executive Summary Reports also are included as part of a subscription to Best's Statement File - Property/Casualty and Life/Health - US products. Customers who buy either edition of Best's Statement File can access these reports online at no additional charge for the companies available within their purchased edition. When purchased individually, Best's Executive Summary Reports are $75 per report and can be ordered online with a credit card or through a Best's Online Account. Reports also can be ordered by contacting Customer Service at (908) 439-2200, ext. 5742 or customer_service@ambest.com 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion