AM Best Online Help

Peer Selection

Peer Selection allows you to choose a primary company and find peers based on industry composite, financial size, Best's Credit Rating, Company type and key financial fields.

Note: Rating-related information displayed for AM Best Rating Units identified with a (G) or (SG) in the Company Name are derived from its legal entity group members.

Access Peer Selection from the Search menu or Create Reports menu.

1. Find Primary Company:

   • Enter at least 3 characters or digits to see companies matching the search criteria entered. Use the Settings option to assist in narrowing down the results by AMB Number, NAIC Number, or FEIN Number for selection. Enter AMB#, NAIC#, FEIN, or filing company name.

   • Select the company of your choosing. Primary Company Information displays Industry Composite, Top 5 Lines of Business, Key Financial Fields,Top 5 States, Financial Size Category, Rating, and Company Type.

2. Select Filters: The default values are pre-selected based on the company search.

   • Company Type - based on Aggregation Description (Required)

   • Industry CompositeIndustry CompositeIndustry Composite - presents the consolidated financial and operating results for individual insurance companies doing more than 50% of their business in a particular line or type of business.

   • Best's Financial Size Category

   • Rating Type

3. Choose One Option From the Following (Optional): Chose one of the following options to help further define your results.

1. • Data YearData Year - Prior data year selection will be available during current data year processing.

   • States (DPW)States (DPW) - The top states are selected by default. Modify the states selected, if desired. A maximum of 5 states can be selected. Use the Select Top 5 States,Clear All Selections and the Sort features to assist in state selection.

   • Line of Business (NPW)Line of Business (NPW) - The top lines are selected by default. Modify the lines selected, if desired. A maximum of 5 lines can be selected. Use the Select Top 5 Lines,Clear All Selections and the Sort features to assist in line selection.

   • Key Financial FieldsKey Financial Fields

     1. Select the desired key financial fields parameters.

     1. • Join: Select from the And, Or, and Minus connections. (Required)

        • Field: Select the desired key financial field.

     1. 1. • DPW

           • NPW

           • Admitted Assets

           • PHS (P/C only)

           • Capital and Surplus (L/H only)

     1. • Operators: Select the desired range from the operators drop down. Between option allows you to enter two values to compare between. Top and Nearest options allow you to select a maximum of 100. Using the Nearest selection will return an equal number of peers with the primary company being the median, with the exception of when the primary company is at the top of the financial filter selected.

        • Value: Enter the desired numeric value.

     2. Click Add to include criterion in the search.

      

4. Click View Peers to generate the Report for the selected components.

5. Optional: Save the companies as a Custom List.

6. Optional: Click the Export to Excel button to export the information.