UK - Brokers launch facility to assess insurers
Tuesday, 12 27 2016, Category: Insurance and Reinsurance, Country: United Kingdom
The British Insurance Brokers’ Association (BIBA) has launched a new online facility to help its members review the financial position of unrated insurers.
Dubbed as the BIBA Litmus Test Report, the online facility which is free-to-use for the association brokers was developed through the analytical support from Litmus Analysis.
The BIBA Litmus Test Report leverages on the data from A.M. Best to showcase several important financial ratios for a number of unrated insurers who are frequently used by BIBA members.
Source: Insurance Business Review