|
The smart insurance buyer has to do his or her own solvency review.
Each quarter, we review the financial statements of more than one hundred insurance companies and issue a one page SOLVENCY REPORT on each company. Our one page report presents in summary form the dollar amounts, taken directly from the company's financial statement, for each of the major financial categories. Up to five years of history can be presented on one report which allows the reader to quickly pin pointed financial down turns and other trends.
© 1999-2004 T&T Reports and Services, LLC |
Today insurance company solvency is the most critical issue in the field of insurance.
Premium finance companies, agents, banks and even other insurance companies risk their very existence when they operate without keeping their finger on the solvency pulse of their insurance company. After twenty years of managing insurance company receiverships for three different states, I am very familiar with what happens in a liquidation. I assure you, that in an insolvency, everyone loses, especially agents, finance companies and banks.
