[November 30, 2016]

A.M. Best Sets December Webinars on Property/Casualty, Life/Health and Universal Best's Capital Adequacy Ratios

A.M. Best analysts and actuaries will present three separate webinars focused on industry sectors covered by the revised Best's Credit Rating Methodology (BCRM) and Best's Capital Adequacy Ratios (BCAR).

The following are the BCAR webinar dates:

• U.S. and Canadian Life/Health (L/H) BCARs, on Monday, December 5, at 10:00 a.m. (EST). Register now at http://www.ambest.com/webinars/lhbcar1216.
• U.S. Property/Casualty (P/C) BCAR, on Tuesday, December 6, at 10:00 a.m. (EST).

  Register now at http://www.ambest.com/webinars/pcbcar1216.

• Universal BCAR, on Thursday, December 15, at 10:00 a.m. (EST).

  Register now at http://www.ambest.com/webinars/ubcar1216.

  
  
  

A.M. Best has released updated drafts of its BCRM and the criteria procedure for the U.S. P/C BCAR. A.M. Best has also simultaneously released proposed revisions to the criteria procedure for the U.S. L/H BCAR, as well as for the Canadian L/H and Universal BCARs.

A.M. Best is requesting comment from interested parties on these draft documents, which are available in the methodology section of A.M. Best's website, by no later than March 1, 2017. Written comments should be submitted by e-mail to [email protected].

The BCRM is a reorganization of the current methodology, utilizing a building block approach to provide greater detail, clarity and transparency to the rating analysis. The BCRM offers a forum for discussion with analytical staff and also will provide greater consistency in the rating process. While the methodology is being updated, the core components of the analytical process-a review of balance sheet strength, operating performance, business profile and enterprise risk management-remain as the key pillars; and thus, do not represent a fundamental change to the rating analysis.

Attendees can submit questions during registration or by emailing [email protected]. The event will be streamed in video and audio formats, and playback will be available shortly after the event.

For technical questions about the webinars, please call (908) 439-2200, ext. 5561, or email [email protected].

A.M. Best is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2016 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

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