Demotech Announces the Release of the 2007 Edition of the Title Industry's Definitive Resource
|May 30, 2007|
2007 edition of PTIC|
COLUMBUS, OH -- Demotech, Inc., the rating service for the Title industry, has released the 2007 edition of "Demotech Performance of Title Insurance Companies." This publication is the most comprehensive Title industry resource available, analyzing and presenting more than 375 pages of reports, ratios and charts, which summarize the financial information for 91 Title underwriters. These included underwriters represent more than 99% of the Title industry's premium activity.
In keeping with the publication's nineteen-year tradition, this edition features detailed statutory financial statements, market share summaries, financial ratios and analysis, along with the current Financial Stability Rating® and corporate contact information for each underwriter. The 2007 edition also introduces more than 100 pages of new content and publication enhancements, including Underwriter Dashboard Reports, Five-Year Trend Reports as well as the expansion and refinements of Financial Ratios.
Underwriter Dashboard Reports offer full-page, graphical summaries of underwriter corporate information along with financial, operating and underwriting performance results, presenting up to five years of financial data. Another publication enhancement is the addition of Five-Year Trend Reports to the Market Share Analysis. Five-Year Trend Reports graphically present up to five years of Direct Premiums Written detail by NAIC Group, by individual underwriter and by jurisdiction. The Financial Ratios and Analysis also feature new reports including the presentation of the first industry-wide evaluation of Schedule P Loss and Loss Adjustment Expense (LAE) Reserve Development, which assesses the accuracy of company reserving practices. The Financial Ratios and Analysis have also been enhanced with indexes to facilitate tracking underwriters throughout the section.
Source: Demotech, Inc.