COLUMBUS, Ohio, Aug. 5, 2016 /PRNewswire/ -- Demotech, Inc. created a series of presentations describing the important sections of the Property & Casualty insurance statutory financial statement. This series focuses on the major sections of the annual statement, and explains how to interpret the core components of financial results. According to Joseph Petrelli, President, Demotech Inc. "Everyone associated with a Property & Casualty insurance company has to refer to the yellow book annual statement that is filed with the National Association of Insurance Commissioners. Those references may as well be based on the insights of an experienced practitioner. I asked some of the professionals at Demotech to prepare this series to highlight some of the information, as well as inform those in the P&C industry what they should be looking for when reviewing these statements."
In the first video of the series, Bob Warren, CPCU, Client Services Manager, Demotech Inc., reviews Page 2 of the annual statement, the Assets page. According to Warren, "the focus of this page is about being able to pay claims, to determine how liquid the company's assets are for meeting its obligations and satisfying potential claims."