Financial Analysis

Learn how statutory Annual Statement information can be used to evaluate the financial condition and operating performance of a P&C insurance company. Significant ratios and other analytical tools commonly employed by analysts, rating agencies, and regulators will be illustrated and discussed using a case study company.

Participants will be able to analyze selected ratio results for their companies during the seminar. The textbook provided contains illustrations of all ratios and tools used in the course and significant industry data and statistics that may be utilized in evaluating a P&C insurer.

After completion of this webinar, you will be able to:

• Differentiate between rating agency ratings
• Identify how regulators and rating agencies analyze insurance companies
• Calculate and interpret the IRIS ratios, the Risk-Based Capital ratio, and many other ratios
• Measure and evaluate a P&C insurance company's:
  • Underwriting and operating performance
  • Loss and LAE reserves and related development
  • Quality and performance of invested assets
  • Liquidity and cash flow
  • Ceded reinsurance impact and credit exposure
  • Capital and surplus adequacy

What Attendees Have Said:

"The material presented in this course was relevant and presented effectively. I specifically benefited from the instructor's willingness to discuss topics or questions brought up from individually represented companies and to offer feedback from his own experience." 

"Thanks to the BOOKE instructors and content developers, I am now much better prepared to make the changes within my organization that I'm responsible to make." 

"I found the financial analysis class to be one of the best Booke seminars I have taken." 

Who Should Attend: Individuals desiring to interpret and analyze P&C financial statements, particularly Annual Statements, will benefit from this seminar.

Advance Preparation and Prerequisites: Participants are encouraged to complete a brief pre-session worksheet to analyze ratio results for their companies during the seminar. No other advance preparation is required. An understanding of the P&C business and its accounting and financial reporting rules is required. We recommend those who need this knowledge attend our Accounting and Financial Reporting seminar. At a minimum, we recommend that they attend our Overview of Statutory Financial Reporting. A $600 discount is available, see Special Offers below.

NASBA Publication/Revision Date: February 2021

Delivery Method and Program Level: Group internet-based intermediate level webinar

Estimated CPE Credit: 15 hours in Accounting

Important Information About CPE for Multi-Day Webinars: CPE will be awarded separately for each webinar day attended. Daily CPE will be either full credit if the attendee responds to 75% or more of the CPE certification questions during each session, or no CPE credit if the attendee responds to less than 75% of the CPE certification questions per session. The total CPE hours awarded for the multi-day webinar, as shown on the CPE certificate, will be an accumulation of CPE per day.

Printed Course Materials: Tuition includes digital course materials. If you wish to have printed course materials, there is an additional per person charge (includes shipping). Select the Printed course materials option below; you will receive an email requesting a shipping address. Please allow at least five business days after sending your shipping address to receive the materials.

Special Offers:

• Register for this webinar and receive a voucher code for $600 off another over 7 CPE hours (excludes 7-hour Update on Accounting and Reporting)
• Group discount of $300 per attendee for the third and subsequent attendees registering for this webinar
• Current software clients receive a $100 discount with voucher code
• Only one discount code may be used per purchase

About Webinars:

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