Editorial Reviews:
Product Description
The Guide to Understanding Insurance Ratings," published by the A.M. Best Co., looks at how the analysis used in sizing up financial strength can be used by agents/brokers. The guide explores many of the financial ratios and tests used in analyzing property/casualty and life/health insurance companies, with actual examples. Other subjects include solvency (impairment causes), guaranty funds, high-profile insolvencies and oversight. An overview on Best's Credit Ratings contains what A.M. Best rates, including insurance company debt instruments like corporate debt or commercial paper, and insurance-linked securities and structured finance agreements like catastrophe bonds, sidecars and various securitizations. Types of credit ratings are Financial Strength, Issuer Credit, Debt and Bank Deposit. Also covered are highly rated insurers that have held a secure A.M. Best rating for 75 and 50 consecutive years, an overview of Best's Capital Adequacy Ratio (BCAR) and top P/C and L/H writers.
|
