A.M. Best Offers New Reports That Compare Life/Health Companies to Peer Groups and Industry Composites.OLDWICK, N.J. -- A.M. Best Co. now offers Composite and Comparison Best's Executive Summary Reports (Financial Overview) on life/health insurance companies. These reports allow purchasers to compare five years of an insurance company's results to a group of key competitors COMPETITORS, French law. Persons who compete or aspire to the same office, rank or employment. As an English word in common use, it has a much wider application. Ferriere, Dict. de Dr. h.t. or to the aggregated results of a group of companies that the user defines. The new reports are in addition to the Best's Executive Summary Reports that present financial results for a single company. Single company, composite and comparison reports are also available on property/casualty insurance companies. The Comparison report presents the primary company's results in vital areas of financial performance side-by-side with those of up to five other companies. The Composite report evaluates an individual company against the average and total composite of a selected peer group of up to 100 companies. Reports are available on approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 2,100 life/health insurers and all information is presented in table or graphical format. Best's Ratings 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. and Financial Size Categories are included, along with financial results in the following areas: --Balance Sheet --Income Statement --Bond Portfolio Composition --Profitability Analysis --Liquidity Analysis --Capitalization 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 These and other company-specific reports are available on the A.M. Best Web site through the Rating Center search page, located at http://www.ambest.com/ratings/search. 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 A full-featured spreadsheet for Windows and the Macintosh from Microsoft. It can link many spreadsheets for consolidation and provides a wide variety of business graphics and charts for creating presentation materials. , Adobe adobe (ədō`bē): see rammed earth. adobe Handmade sun-dried bricks formed from a mixture of heavy clay and straw found in arid regions. Portable Format (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. . Life/Health Comparison and Composite Best's Executive Summary Reports are also included as part of a subscription to Best's Statement File--Life/Health. Single Company Best's Executive Summary Reports are $75 per report; the Comparison and Composite versions are $125 per report. All three can be ordered online via www.ambest.com/ratings/search. Reports can also be ordered by calling Customer Service at (908) 439-2200, ext. 5742 or by emailing customer_service@ambest.com. To learn more about Best's Executive Summary Reports and to view sample reports, go to http://www.ambest.com/sales/execsummary. 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 http://www.ambest.com. |
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