Bests Executive Summary Reports collected and validated?”>How is the data for Bests Executive Summary Reports collected and validated?
A.M. Best collects annual and quarterly statement data from thousands of companies (property/casualty, life and health companies; HMOs; alternative-market entities and others). The data is prepared and submitted on software programs (such as BestESP Services) as defined by the requirements of the National Association of Insurance Commissioners (NAIC). To ensure the accuracy and reliability of the data, we perform an exhaustive series of inter- and intra-page and current- to prior-year crosschecks. Major errors or inconsistencies that cannot be rectified by A.M. Best are reviewed with the insurer for further clarification. We lead the industry in cross-checking calculations, devoting vast resources to the data validation effort.
Related Questions
- Is there a way that I can access multiple Bests Executive Summary Reports without being required to purchase each report individually?
- Bests Executive Summary Reports collected and validated?">How is the data for Bests Executive Summary Reports collected and validated?
- How is the data collected and validated for the financial products?
