A.M. Best Launches New Reinsurance Research Tool in Online Format.Business Editors OLDWICK, N.J.--(BUSINESS WIRE)--Dec. 3, 2003 A.M. Best Co. has introduced a new subscription-based 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. information service called Best's Reinsurance Center - Premium Data & Reports. Accessible through Best's Reinsurance Center, at www.ambest.com/reinsurance, Best's Reinsurance Center - Premium Data & Reports is a database of the latest Best's Company Reports for hundreds of reinsurance companies worldwide. Best's Reinsurance Center gathers recent news items and ratings updates for reinsurance companies. Access to the center is free of charge. Using the advanced search features, subscribers to Best's Reinsurance Center - Premium Data & Reports can search for reinsurers by name, A.M. Best number, business type, state or 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 , rating data and such important financial data as capital and surplus, net premiums written and data year. From the search results, users can create and edit their own custom company lists, which are exportable into Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. .(R) A one-year adj. 1. completing its life cycle within a year. Adj. 1. one-year - completing its life cycle within a year; "a border of annual flowering plants" annual phytology, botany - the branch of biology that studies plants subscription includes access to the Best's Company Report for each of the more than 470 reinsurers in the database. Best's Company Reports provide A.M. Best's complete, detailed quantitative and qualitative analysis Qualitative Analysis Securities analysis that uses subjective judgment based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. of individual insurers or groups, including a five-year rating history, the current Rating Rationale rationale (rash´  nal´),n the fundamental reasons used as the basis for a decision or action. , selected statutory financial statement data and management information. The information in Best's Reinsurance Center - Premium Data & Reports is of special interest to insurers, reinsurers, analysts, investment professionals, regulators and others who need to analyze the financial characteristics of reinsurance companies. Purchase of a Basic Service subscription to Best's Reinsurance Center - Premium Data & Reports includes access to BestDirect, A.M. Best's e-mail notification service. Subscribers can choose to receive real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. e-mail notification of news, rating or company report updates for any of the companies listed. A Full Service subscription provides, in addition to BestDirect, a one-year subscription to the online edition of BestWeek. This subscription offers full access to A.M. Best's NewsRoom archive of BestWire, BestWeek and Best's Review articles, plus Special Reports, Statistical Studies and Best's Rating 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. Monitor. Contact Customer Service at 908-439-2200, ext. 5742, for pricing information, or visit www.ambest.com/sales/Reinsurance. For multi-seat pricing options, call Sales Support at 908-439-2200, ext. 5311. 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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