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AKG Offshore Profile & Financial Strength Reports cover selected companies operating in the Offshore Life Company Rating Sector.
In the UK and other markets, financial advisers are required to consider the financial strength of organisations with whom they deal.
AKG Offshore Profile & Financial Strength Reports are designed to meet the information needs of advisers. The reports cover a range of offshore long term insurers, with particular emphasis on those operating in the UK intermediary market.
Two different styles of report are published:
Each report collates relevant information from a range of sources such as a company’s regulatory returns, its report & accounts and material provided by the companies themselves, and incorporates expert independent assessment. For FULL report companies, the process is augmented by regular meetings and communications with AKG.
For some companies which are assessed and rated by AKG no report is produced. This is due to a low level of market demand for the additional supporting details delivered by means of a report. However, the same methodology is used in the production of ratings for such companies as is used for those assessed on a public information basis and which have a SHORT report issued.
Ratings for all companies are contained in the AKG Rating Portal together with some background supporting information and these ratings form part of the wider rating population delivered through leading third party selection systems.
AKG Offshore Profile & Financial Strength Reports can be purchased online for immediate PDF delivery at £23.50+VAT for each report.
The complete set of Offshore Profile & Financial Strength Reports can be purchased online as a Report Bundle at £280+VAT. As an added benefit, the purchase of a Report Bundle also provides a year’s online access to any new or updated reports that may be issued.
Alternatively, you can contact AKG.
Each report is updated at least once a year, following extensive assessment of the latest statutory financial data, together with other financial and supporting information and, in the case of FULL report assessments, further interrogative elements.
However, the underlying AKG assessment process undertakes ongoing monitoring and review of assessments and ratings throughout the year. This means that whilst always taking a ‘long term view’ of financial strength and adding depth and richness of data through the annual revision process, the assessments, ratings and their reports are part of a constant, dynamic process and can be reissued if required at any time.
AKG has attempted to obtain as much detailed information (particularly of a financial nature) as possible about each of the companies profiled in this series of reports. However, the depth of information available to AKG varies from one company to another, for the following reasons:
AKG's aim is to publish comparable information, presented in a consistent manner, for each company. Where this has not been possible, due to the information not being forthcoming from the company concerned, blank tables are shown. AKG's approach to rating companies which do not supply relevant information is naturally much more cautious than for those that do.
Brief details of the information published for each type of report can be found here for FULL Reports and here for SHORT Reports.
A detailed explanation of AKG's methodology underlying the determination of the ratings published in its series of Offshore Profile & Financial Strength Reports can be found here.
Call us on +44 (0)7765 446438 for more information.