Interactive
10 Financial Statement Ratios Every CEO and Board Member Should Calculate and Review
Academy of Insurance
Updated Nov 30, 2020Financial statements prepared utilizing statutory insurance accounting principles, prescribed or permitted by the respective departments of insurance, are filed quarterly with the National Association of Insurance Commissioners. The financial information in these statements are utilized by regulators, rating agencies, reinsurers and other third parties to assess the financial strength and stability of the insurer. As a CEO or board member of an insurer, you need to understand how the financial statements may be interpreted by these recipients.
