Captive Rating Evaluation

The following is a list of data items that may be needed to rate a Captive company. It is recommended that you have these items prepared in advance.

1. Annual Reports - Latest five years or five year projections, then annually
   
2. Audited financial statements for parent and subsidiary companies (annually)
   
3. Actuarial reports, both internal and external, when available (annually)
   
4. Corporate structure and history (initially and as changed)
   
5. Management structure and key executive committees (initially and as changed)
   
6. Biographical information on principal officers (initially and as changed)
   
7. Operating Plan (annually)
   
8. Capital Management Strategies
   
9. Completed Best's Supplemental Rating Questionnaire (annually)
   
10. Any other Information the Insurer believes is relevant to the rating process.
    
11. Any other reasonable information requested by A.M. Best Company, including but not limited to:
    (a) Estimated impact (net and gross) from catastrophe or other unusual event.
    (b) Details of changes in ownership, management, products, or operations.
    (c) Revised projection of year-end results.
    (d) Plans to mitigate losses and/or correct an identified problem.
    
12. Proforma projections for captive and parent.
    
13. History of losses and premiums.
    
14. Organization structure for parent and subsidiaries.