Press Release - JUNE 30, 2017
A.M. Best Releases Additional Best’s Credit Rating Methodology Draft Criteria Procedures
FOR IMMEDIATE RELEASE
OLDWICK - JUNE 30, 2017
Some of these draft criteria procedures are amalgamations of current, in-use criteria procedures. Those that relate to the rating of specialty insurers emphasize what is unique or different between the analysis of the specialty insurer and the analytical process as outlined in the draft BCRM.
These draft criteria procedures are available in the methodology section of A.M. Best’s website. A.M. Best is requesting comment on these draft criteria procedures from insurance industry participants and other interested parties. Written comments should be submitted by e-mail to email@example.com no later than July 31, 2017. When submitting comments to the methodology in-box, commenters have the option of requesting anonymity. All comments received through the methodology in-box that do not request anonymous treatment will generally be published in their entirety, with attribution to the author/sender, upon implementation of the criteria procedure.
A.M. Best expects to release a draft of Rating Title Insurance Companies subsequent to this draft criteria procedure release.
To view a video discussion on this subject with Stephen A. Irwin, senior director, Credit Rating Criteria – Research and Analytics, please visit http://www.ambest.com/v.asp?v=bcrm617.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source.