BAM Reports Third Quarter 2015 Statutory Financial Results
NEW YORK, November 13, 2015
Build America Mutual today filed its Third Quarter 2015 Statutory Financial Statements and published its Operating Supplement, reporting an 11% increase in gross par outstanding to $19.8 billion. Claims-paying resources rose $5.8 million to $592.6 million, the largest quarterly increase since the company was founded in 2012.
Build America Mutual’s Statutory Financial Statements and Operating Supplements are available in the Financial Information section of BAM’s web site at: http://buildamerica.com/financialinformation. The financial statements have also been filed with the National Association of Insurance Commissioners and the 50 state insurance regulators that license BAM.
For more information, contact Michael Stanton, Head of Corporate Strategy and Communications, at email@example.com or 212-235-2575.