The latest edition of this easy-to-read handbook provides an introduction to today's insurance business environment. Filled with exclusive information from A.M. Best's suite of publications and products, the guide is a handy, illustrated reference for industry-current trends and termilogy, and a comprehensive resource that focuses on the basics of and the challenges facing the property/casualty, life, health and reinsurance industries. This edition includes an overview of insured losses from the many catastrophes of 2010 and 2011 and also showcases information about solvency and ratings and how insurance is sold and regulated. It's a great gift for new employees, board members, clients and customers, and can be used for reports, speeches and presentations.