Premium-to-surplus Ratio
Ratio commonly used by the property and casualty insurance industry as a measure of financial strength or to indicate to what degree a particular insurance company is leveraged. A low ratio can be a sign of financial strength, but it also may indicate insufficient loss reserves or premium growth.
Popular Insurance Terms
Insurance company's theoretical capital amount and surplus that it should maintain. ...
Agency that sells insurance policies from both a stock insurance company and a mutual insurance company. ...
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Costs associated with the general administration of the insurance organization to include such items as utilities, rent, salaries, postage, furniture, and housekeeping charges. ...
Authority that administers state laws regulating insurance and licenses insurance companies and their agents. ...
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Employee's right to transfer pension benefit credits from a former employer to a current employer. ...
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