Mandatory Securities Valuation Reserve (msvr)

Definition of "Mandatory securities valuation reserve (msvr)"

Brian Calvert real estate agent

Written by

Brian Calvertelite badge icon

The K Company

Liability reserve required to be maintained by the national association of insurance commissioners (naic) prior to 1992 for fluctuations in the values of investments in securities. Realized and unrealized capital gains and losses involving invested securities were credited and debited respectively to the MSVR. Beginning in 1992, the MSVR was discontinued, and ending December 31,1991, MSVR was transferred into the asset valuation reserve.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Break in commercial activities due to the occurrence of a peril. Coverage against business interruption by various named perils can be obtained through insurance. ...

Act providing that stringent regulatory actions may be taken against depository institutions according to their level of capital adequacy: well capitalized; adequately capitalized; under ...

General: net premium, plus operating and miscellaneous expenses, and agent's commissions. Life insurance: premium before dividends are subtracted. ...

Life insurance policy death benefit or cash value paid out in a series of installments, rather than in a lump sum. ...

Device that connects a computer to a telephone line. This device permits the computer to communicate with other computers through the telephone system. ...

A person who relies on another for economic support. For insurance purposes, the following may be included: the insured's legal spouse; any unmarried children younger than a specified age ...

Coverage in which the face amount of a life insurance policy declines by a stipulated amount over a period of time. For example, the initial face amount of a $100,000 decreasing term policy ...

Record a debit (or other) agent makes for premiums collected, time period for which the policy is paid, and the week of collection or date the premium was paid. In essence, the debit agent, ...

Type of surety bond that guarantees the performance of public officials. Public officials are responsible for a broad range of property including fees that they collect, money that they ...

Popular Insurance Questions