AM Best to Participate in Society of Actuaries’ 2023 Health Meeting

OLDWICK, N.J.--(BUSINESS WIRE)--
AM Best will present a session on its credit rating process at the Society of Actuaries’ (SOA) Health Meeting, which will be held June 26-28, 2023, in Seattle, WA.

AM Best Director Doniella Pliss and Associate Director Bridget Maehr will lead the session, titled, "Health Insurance Companies Capital – A Rating Agency View" at 9:45 a.m. (PDT) on Monday, June 26. Topics during the session to be explored include the rating agency’s Best Capital Adequacy Ratio (BCAR), a quantitative foundation for AM Best’s assessment of carriers’ financial strength. Additionally, the pair will discuss benchmarking of BCAR scores for various company types, and how changes in the investment and underwriting environments have impacted results over the last several years. Also, AM Best’s view of the quality of capital and various factors impacting the overall assessment of balance sheet strength will be addressed.

SOA is a global professional organization for actuaries, and advances actuaries as the leading professionals in the measurement and management of risk. To learn more about this event, please view overview and agenda.

The AM Best presentation also will be made available virtually as part of the SOA Health Meeting. The virtual event will be held July 11-13. Please visit the event page to learn more.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.