In various places, it is recommended that besides the financial statements of the fictitious insurance company, it would be a good idea to print and review a current financial statement from a real insurance company.
I am assuming that for stock-based US insurance companies, a good source would be the 10K from SEC. For the purposes of this exam, which US company makes would be a good one? By "good", I mean free of extraneous / exotic distractions.
AIG -- Probably not a good one. I presume statements from a company like AIG might still have various carry overs from their credit default swap insurance disaster, and needlessly large number of caveats and footnotes.
Farmers -- too complicated due to exchange of multiple companies?
What have others used? A small, regional, traditional, conservative company like Shelter Insurance?
I am assuming that for stock-based US insurance companies, a good source would be the 10K from SEC. For the purposes of this exam, which US company makes would be a good one? By "good", I mean free of extraneous / exotic distractions.
AIG -- Probably not a good one. I presume statements from a company like AIG might still have various carry overs from their credit default swap insurance disaster, and needlessly large number of caveats and footnotes.
Farmers -- too complicated due to exchange of multiple companies?
What have others used? A small, regional, traditional, conservative company like Shelter Insurance?
Financial Statement of a REAL insurance company