| The Scoring reports provide a
set of "weighted" financial ratios that allow an analyst to prioritize companies
based on solvency concern. Scoring reports are available for individual companies, and a Scoring Summary report is also available for a
specified group of companies. A Scoring Worksheet is also
available, which provides details of each Scoring Ratio component for a single company.
Individual Scoring reports, Scoring Summary reports and the Scoring Worksheet are
available based on both Annual and Quarterly Statement information. Individual
Scoring Reports
Four scoring reports are available, three quarterly reports and a summary report
representing the entire annual statement year. Both
annual and quarterly reports are available for Life and Property companies. In addition,
quarterly reports are available for Health companies.
The NAIC Financial Analysis Division under the direction of the Financial Analysis
Working Group developed the ratios used to generate the reports. If a company’s
ratios fall outside a given range, a score is assigned to the financial area in question.
This allows the analyst to better prioritize those areas in need of regulatory attention.
It should be noted that the ratio ranges and scoring models are simply tools to help
the analyst prioritize companies. These tools are based on general guidelines. Actual
acceptable ratios may vary depending on several factors. In other words, what may be an
unacceptable ratio for one company may be acceptable for another based on individual
circumstances. The analyst should look at each company on an individual basis.
Security has been developed for the Scoring application and not all
iSite+ users can
access the Scoring reports. If you do not have access to the report submitted, a dialog
box will display notifying you that you do not have permission to submit the report.
To View Scoring
reports using the Financial Reports Page
- Search
for an entity or entities by performing a Company
/Firm
Search.
Place a check mark in the box next to the entity/entities you want reports on,
found in the Company List box. Click the Company/Firm Reports button
Select the Scoring link located under the Financial Analysis/Examination
section.
Click
on the report you want to view. You may select Quarterly Scoring for
Quarters 1, 2 or 3 or the Annual Scoring report. For Life
and Property companies, you may select Quarterly Scoring for Quarters 1, 2 or 3 or the
Annual Scoring report. For Health companies you may select the Quarterly Scoring reports
listed.
To view the report, select the report and click the Submit button in the Scoring
section. The selected report will display. (NOTE: If you do not have
security access to view Scoring reports, a dialog box will display the following message:
"You do not have permission to submit this report.")
To View, Download, or Print Multiple Reports
Follow steps 1, 2, and 3, from the list above then:
Click
on the check boxes next to the reports you want to view.
Click the Saved Selected
Reports button.
Click the View, Download, or
Print button in the
Reports Frame
To View, Download, or Print Multiple
Reports from Multiple Report Categories
Select and save one
or more Reports from your preferred category/categories, before clicking
the View, Download, or Print button in the Reports
Frame.
To Return to the
Financial Company Search Page
Click the Company Search
button in the Banner frame
To Save Selected Preferences
Within the Financial Reports Page:
Select the reports you would like to save.
Click the Save Selected Reports button.
Click the Preferences button.
Click the Save Reports Button.
When the prompt window appears enter the name you
would like to give to this saved reports file. Enter a meaningful name
you will recognize later.
Click the OK button in the prompt window.
Scoring
Summary Reports
These reports provide scoring information (see
above) for a specified group of companies, such as all property companies licensed in a
particular state. Annual and quarterly reports are available.
- Click the Summary Reports link located under the Tools tab.
- Select Scoring Summary Report located under the Financial
Analysis/Examination section to create a report based on the Annual Statement. To
create a report based on the Quarterly Statement, select Scoring Summary Quarterly Report.
To view the expected results of the report, click the Description button.
- Click the Submit button to the right of the report selection area.
- The Scoring Summary Reports page will display. On this page, enter the selection
criteria for the summary report to view. Selection criteria for this report are as
follows. NOTE: For definitions of unfamiliar terms, see the Glossary.
Data Year (Required for annual and quarterly)
Statement Type (Required for annual and quarterly)
Report Type (Required for annual) - Report Types include:
Summary Totals
Complete Report
Leverage Report
Summary of Ops Report
Liquidity Report
Security Report
Real Estate Report
Quarter (Required for quarterly)
State
Nationally Significant
Domiciled
Licensed
Business Written
Company Codes (separate by commas)
Exam Priority
(NOTE: The Data Year, Statement Type and Report Type fields are required
for the annual Scoring Summary Report. The Data Year, Statement Type and Quarter fields
are required for the Scoring Summary Quarterly Report. All other fields are optional.)
- Select sort parameters for the report, if desired. Up to four sorting options can be
selected, Company Name, State of Domicile, Company Code, or a variety of scoring ratios in
ascending or descending order.
- Click the Submit button to view the report based on the criteria selected.
- To save or print the report, select the appropriate option from your browser's File
menu.
- Close the report by clicking the close button (X) in the top right corner of the report
window.
- To perform another search or navigate to a different application within
iSite+, use the
appropriate links at the top of the page.
Scoring
Worksheet
The Scoring Worksheet is a report that
provides details of each Scoring ratio component for a single company. Worksheets are
available quarterly or for the entire annual statement year. Annual and Quarterly Worksheets are available for Life, Property
and Health companies.
To View Scoring
Worksheet reports using the Financial Reports Page
- Search
for an entity or entities by performing a Financial Company Search using the
Financial Reports button at the right of the NAIC Company Codes
field.
- Highlight
which entity/entities you want reports on,
found in the Company List box.
- Select
the Scoring category from the Categories Frame.
- Select a Scoring Worksheet.
You may select Quarterly Scoring
Worksheet for Quarters 1, 2 or 3 or the Annual Scoring report for Life and Property companies. You may select the Quarterly Scoring
Worksheets listed for Health Companies.
- To view the report, select the report and click the Submit button in the Scoring
section. The selected report will display. (NOTE: If you do not have
security access to view Scoring reports, a dialog box will display the following message:
"You do not have permission to submit this report.")
To View, Download, or Print Multiple Reports
Follow steps 1, 2, and 3, from the list above then:
Click
on the check boxes next to the reports you want to view.
Click the Saved Selected
Reports button.
Click the View, Download, or
Print button in the Banner frame
To View, Download, or Print Multiple
Reports from Multiple Report Categories
Select and save one
or more Reports from your preferred category/categories, before clicking
the View, Download, or Print button in the Banner frame.
To Return to the
Financial Company Search Page
Click the Company Search
button in the Banner frame
To Save Selected Preferences
Within the Financial Reports Page:
Select the reports you would like to save.
Click the Save Selected Reports button.
Click the Preferences button.
Click the Save Reports Button.
When the prompt window appears enter the name you
would like to give to this saved reports file. Enter a meaningful name
you will recognize later.
Click the OK button in the prompt window.
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