OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has updated its 2015 statement year “Canadian Life/Accident & Sickness Supplemental Rating Questionnaire” (SRQ) in a few key areas. New this year, the majority of questions require consolidated company information only that corresponds to A.M. Best’s rating units. These rating units represent either a single company or a group of several consolidated companies that share a common rating assignment. In order to access the 2015 SRQ electronic product, companies will be asked to enter the organization’s A.M. Best rating unit number. Rating unit references can be found within the Best’s Insurance Reports, Best’s Rating Monitor and the company’s Galley Report.
With regard to changes affecting the specific questions in the SRQ, the only area affected includes the addition of effective asset and liability durations for select life, annuity and accident & sickness products.
A copy of the new and revised SRQ questions can be accessed at www.ambest.com/srq.
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