During 2017, there were 4,184 insurance companies registered with the NAIC (National Association of Insurance Commissioners). Unless a company receives an exemption from filing an audited financial statement, doing so is required. Only around 100 companies received such an exemption … Continue reading
Category Archives: Insurance Industry
Differences in Loss Reserve Estimate Disclosures Could Spell Uncertainty
Investors and analysts should be aware that there is more than one way to disclose Changes in Accounting Estimates. In some cases, inconsistency in the disclosure practices make it difficult to predict whether a review or an investigation is likely … Continue reading
Could We have Predicted the General Electric Insurance Charge?
General Electric (GE) stock reached a new low of $16.02 on January 19, 2018, continuing the 2017 downtrend into 2018. The slide followed an announcement that the company has completed a comprehensive review of its insurance portfolio. The review was … Continue reading
NAIC Insurance Company Fee Disclosure Analysis
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance … Continue reading
New Auditor Market Share Analysis
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance … Continue reading