Contingency Surplus


Definition of "Contingency surplus"

Same as term Contingency reserve: percentage of total surplus retained, in insurance company operations, that serves as a reserve to cover unexpected losses as well as to cover the shortfall if the earned surplus in a particular year is not adequate to maintain a company's announced dividend scale for participating policies.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ