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Stress testing rated companies for COVID-19

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cam a22000004b 4500
001  MAP20200017110
003  MAP
005  20200520125441.0
008  190322e20200518usa|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
24510‎$a‎Stress testing rated companies for COVID-19
260  ‎$a‎New Jersey‎$b‎A.M. Best Company‎$c‎2020
300  ‎$a‎15 p.
4900 ‎$a‎Best's Special Report‎$v‎Ratings review‎$v‎May 19, 2020
520  ‎$a‎On March 18, 2020, in the wake of the COVID-19 outbreak, AM Best announced plans to develop BCAR ( Best´s Capital Adequacy Ratio) stress testing for the insurance companies it rates. The primary aim of the baseline stress test was to gauge the immediate implications of the pandemic on insurers' financial strength, as well as to indicate sensitivities and highlight companies that may need further examination. Given the evolving nature of risk, the direct and indirect impacts of the virus on life and non-life insurers may differ. Our baseline stress test addressed a number of risk factors and encompassed an investment and underwriting shock to the balance sheet, with adjustments/haircuts made to insurers¡ available capital, investments, and underwriting.
650 4‎$0‎MAPA20200005599‎$a‎COVID-19
650 4‎$0‎MAPA20200005391‎$a‎Coronavirus
650 4‎$0‎MAPA20080552022‎$a‎Pandemias
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
650 4‎$0‎MAPA20080619008‎$a‎Calificaciones crediticias
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080642808‎$a‎Pruebas de estrés
7102 ‎$0‎MAPA20080441371‎$a‎A.M. Best Company
830 0‎$0‎MAPA20090030251‎$a‎Best's special report‎$v‎Ratings review ; May 19, 2020