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| [February 22, 2013] |
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A.M. Best Requests Comments on Draft Criteria: Understanding BCAR for Life/Health Insurers
OLDWICK, N.J. --(Business Wire)--
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, 2013.
Founded in 1899, A.M. Best Company is the world's oldest and most
authoritative insurance rating and information source. For more
information, visit www.ambest.com.
Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS
RESERVED.
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