CAMBRIDGE, Mass., March 31, 2008 (PRIME NEWSWIRE) -- Highline Data, the premier provider of insurance industry financial statements and market data, is pleased to announce the release of Insurance Analyst PRO-GAAP, a new dataset of current and historical Generally Accepted Accounting Principles financials and market data for publicly traded companies in the insurance industry.
The addition of GAAP data to Insurance Analyst PRO, already the most widely used source for insurance statutory financial research, represents a major breakthrough in industry financial analysis. The combination of the unparalleled analytical tools in Insurance Analyst PRO with the power of Highline Data's proprietary GAAP financials creates a significant new resource for financial services research professionals.
"With the release of the GAAP dataset, Insurance Analyst PRO sets a new standard of financial transparency for the insurance industry," F. Reilly Cobb, managing director and vice president of Highline Data, said. "Insurance Analyst PRO provides a 360-degree view of a company's financial performance, delivered with a robust suite of standard reports and powerful reporting and analytical tools that enable comprehensive financial research."
Insurance Analyst PRO-GAAP data is standardized and insurance industry specific. The dataset includes financials for more than 200 companies in the insurance industry that are listed on the major U.S. exchanges, as well as OTC BB and thinly traded Pink Sheets. Daily updates reflect new and restated filings, as well as early earnings announcements.
About Summit Business Media
Summit Business Media was formed through Wind Point Partners' acquisition of Highline Media and Pfingsten Publishing in November 2006. Together, these units publish the insurance titles National Underwriter Property/Casualty and Life/Health weeklies, Life Insurance Selling, Agent Sales Journal, American Agent & Broker, Claims, Tech Decisions, and Florida Underwriter, and the financial titles Mortgage Originator, Wealth Manager, Research and Futures. In July 2007, the Company acquired Wicks Business Information and added Investment Advisor, Credit Union Times, Inside Counsel and Treasury & Risk magazines, thus expanding its footprint in the financial industry to the legal and accounting markets as part of its growth into the professional services marketplace. The Company also publishes the reference tools TaxFacts and Fire, Casualty and Surety Bulletins and, through its Highline Data unit, financial and market information on insurers and company benefit plans. Summit also sponsors the international Investment Conferences on global mining investment, a dozen conference events affiliated with its magazine brands, and, via its Executive Enterprises unit, more than 100 professional education seminars annually.
Summit is also one of the leading organizers of consumer art expositions and providers of business-to-business information to the art market. Additional information about Summit is available at www.summitbusinessmedia.com.
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