In conjunction with changes to Best's Credit Rating Methodology, and underpinned by stochastic modelling which enhances the calibration of risk factors impacting insurers, Best's Capital Adequacy Ratio Model - Universal has evolved significantly. The new tool provides even greater insight when evaluating balance sheet strength and enables users to model BCAR scores in accordance with their risk appetite.
The BCAR Model - Universal is an Excel-based tool that provides access to the same model used by A.M. Best to calculate the BCAR score for single and group insurance companies in the life and non-life sectors. Users can assess the impact of various scenarios, using different stress parameters and confidence levels, just as an A.M. Best analyst would, for internal modelling, planning, competitive comparisons and business development.
For more information, a demonstration or to order:
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+1 (908) 439-2200, ext. 5311
The Interactive Summary Report allows users to see the impact of changes to VaR and stress parameters
Gain greater insight into the effect of changing VaR confidence levels over time.
Compare Available Capital to Net Required Capital and the resulting BCAR score.
Best's Capital Adequacy Ratio (BCAR) is an integrated review of an insurer's underwriting, financial performance, and asset leverage. Best's Capital Adequacy Ratio Model - Universal allows you to:
Your purchase includes:
NOTE: The results or output created by use of the Best's Capital Adequacy Ratio Model - Universal ("Output") is for informational and internal purposes only, and such Output may not match or be consistent with the official BCAR scores for the same rating unit. The Output is not guaranteed or warranted in any respect by AMB. This model is not intended for use with U.S. or Canadian statutory data.
Best's Capital Adequacy Ratio Model - Universal is a non-rating services product, and its purchase is not required as part of the rating process.