A.M. Best Presents to PURMA's Board of Directors: ''Rating Evaluation of Captive Insurers''.OLDWICK, N.J. -- Henry Witmer and Marc Liebowitz of A.M. Best Co. gave a presentation, via teleconference, to the Board of Directors of PURMA (Public Utilities Risk Management Association), and the Board of Directors of PURMA's association 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. , Public Utility Mutual Insurance Company (PUMIC). The presentation provided insight into the three key components of rating a captive insurance Captive insurance companies are limited purpose insurance companies established with the specific objective of financing risks emanating from their parent group or groups, they sometimes also insure risks of the parent company's customers. company: --Financial Strength --Operating Performance --Market Profile Also detailed were the factors comprising "BCAR BCAR Brunswick County Association of Realtors BCAR British Civil Airworthiness Requirements BCAR Bullitt County Animal Rescue (Shepherdsville, KY) BCAR Business Case Analysis Report BCAR Beaver Creek Array BCAR Buffalo Civic Auto Ramps, Inc. " (Best's Capital Adequacy Ratio Capital adequacy ratio (CAR), also called Capital to Risk (Weighted) Assets Ratio (CRAR)[], is a ratio of a bank's capital to its risk. National regulators track a bank's CAR to ensure that it can absorb a reasonable amount of loss. ). Presentations of this type confirm A.M. Best's commitment to industry education. A.M. Best is a market leader in captive ratings with over 250 rated vehicles in seven worldwide domiciles. To request information on the rating process or on obtaining an A.M. Best rating, please contact Tina Bukow at tina.bukow@ambest.com PURMA is a not-for-profit organization that provides superior risk management solutions for its members. For current 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 independent data on the captive and alternative insurance market, please visit www.ambest.com/captive. 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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