A.M. Best Releases Criteria: Understanding BCAR for Canadian Property/Casualty Insurers

June 3, 2015 10:35 AM EDT

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has released the updated criteria report, “Understanding BCAR for Canadian Property/Casualty Insurers” (updates version dated April 2, 2014). The criteria report includes an update to recognize the change in the format used for Canadian financial reporting.

A copy of this report is available at www.ambest.com/ratings/methodology.

This update is part of A.M. Best’s continual review of its rating methodology and is not expected to affect ratings. A 30-day public consultation for this new criteria report was opened on March 12, 2015, and no comments were received. No changes have been made to the final version of this criteria report as a result of the public consultation.

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 © 2015 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

A.M. Best
Jacqalene Lentz, 908-439-2200, ext. 5762
Senior Financial Analyst
[email protected]
or
Thomas Mount, ACAS,
MAAA, CERA, CCM
908-439-2200, ext. 5155
Vice President
[email protected]
or
Christopher Sharkey, 908-439-2200, ext. 5159
Manager, Public Relations
[email protected]
or
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations
[email protected]

Source: A.M. Best



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