Contingency Surplus


Definition of "Contingency surplus"

Mark & Brenda Shepperd real estate agent
Mark & Brenda Shepperd, Real Estate Agent Long & Foster - Collegeville

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.

 

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