What is a Comparative Financial Observation (CFO)?
A. Comparative Financial Observations (CFOs) represent Demotech’s assessment of property and liability insurance companies. CFOs are based on the insurance fundamentals for these organizations. CFOs are not a replacement, substitute or any other approximation for a Financial Stability Rating®. You can learn more about the CFO definitions here.
Related Questions
- How important is the involvement of the CFO/Financial Controller in the negotiations of the outsourcing contract?
- What role does documentation play in the CEO/CFO certification of internal control over financial reporting?
- What is the difference between a Controller and a CFO (Chief Financial Officer)?
