Atlanta, GA (PRWEB) August 14, 2014
Announced today, SNL iPartners, a division of SNL Financial providing on-demand P&C insurance business analytics, congratulates six client companies on being named to the prestigious 2014 Ward’s 50® Top Performing P&C Insurers. Among the iPartners client companies recognized for their superior performance over the five years analyzed are: The Andover Companies, Nodak Mutual Insurance, North Star Mutual Insurance Company, Pacific Specialty Insurance Company, and Western National Insurance Group.
To develop its annual list of the top 50 performing insurance companies, Ward Group analyzes the financial performance of over 3,000 property-casualty insurance companies and nearly 800 life-health insurance companies domiciled in the United States and identifies the top performers in each segment based on objective data and subjective quality measures. Each company has passed all safety and consistency screens and achieved superior performance over the five years analyzed. This is the 24th consecutive year Ward Group has conducted the analysis.
P&C companies that pass the safety and consistency tests are measured and scored on the following elements:
- Five Year Average Return on Average Equity
- Five Year Average Return on Average Assets
- Five Year Average Return on Total Revenue
- Five Year Growth in Revenue
- Five Year Improvement in Surplus to Written Premium
- Five Year Average Combined Ratio
Commenting on those companies recognized, Jeffrey Rieder, partner and head of Ward Group, said, “In selecting the Ward’s 50, we identify companies that pass financial stability requirements and measure their ability to grow while maintaining strong capital positions and underwriting results.”
SNL iPartners Senior Director Robert Lasher added, “It is always a pleasure to congratulate our SNL iPartners clients who are recognized for their outstanding performance. We are honored to be affiliated with each of these impressive organizations and appreciate the opportunity to continue to support them in achieving their business objectives.”
For additional information about the 2014 Ward’s 50, please visit the Ward Group website at http://www.wardinc.com.
About SNL iPartners
SNL iPartners, a division of SNL Financial, provides on-demand operational reports and analytics to P&C insurance companies, enabling executives to make high quality, proactive decisions using accurate, relevant data through a suite of customized dashboards and P&C-specific key performance indicators, delivered either on-premises or in the cloud. SNL iPartners clients now have the ability to combine their company's internal data with excellent SNL industry benchmarking and peer analytics data to create new business insights and more actionable information. For more information on SNL iPartners, please call toll free: 888.618.8360, visit the website: SNLiPartners.com, or email: SNLiPartners(at)snl(dot)com.