INN Blog

More Posts
 

A.M. Best Requests Comments on Draft Criteria: Understanding BCAR for Life/Health Insurers [Manufacturing Close - Up]

Proquest LLC

A.M. Best Co. is requesting comments from market participants in the insurance industry and other interested parties on the draft criteria report, "Understanding BCAR for Life/Health Insurers" (updates version dated May 2, 2012).

Proposed edits to the draft criteria report include the potential for higher asset risk charges for foreign investments, the addition of "limited benefit" and "student" lines of business to the morbidity risk component and the inclusion of the unfunded portion of pension plans and other post-employment benefit plans as additional off balance sheet items in the business risk component.

These updates are part of A.M. Best's continual review of its rating methodology and are not considered material or expected to affect the vast majority of ratings.

Visit www.ambest.com/ratings/methodology to download a PDF copy of each report.

Written comments should be submitted by email to rating.methodology@ambest.com no later than March 22.

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source.

More information:

http://www.ambest.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))

Copyright:(c) 2013 ProQuest Information and Learning Company; All Rights Reserved.
Wordcount:173



USER COMMENTS:

comments powered by Disqus

  More Newswires

More Newswires >>
  Most Popular Newswires

More Popular Newswires >>
Hot Off the Wires  Hot off the Wires

More Hot News >>

insider icon Denotes premium content. Learn more about becoming an Insider here.
Introducing Term 25 for the