Surplus Account


Definition of "Surplus account"

Assets minus liabilities of the insurance company.

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Investment In Common Stock Ratio

Ratio of the insurance company's investment in common stocks dividend to its adjusted surplus account. This ratio shows how vulnerable the company's s ...

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Insurance company's investment in mortgages that have defaulted (mortgages in default) divided by its adjusted surplus account. The smaller this ratio ...

Lapse Supported Life Insurance Policies

Policies that have their future cash values closely correlated with a high lapse ratio of the insurance company's book of business. In theory, gains r ...

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Insurance company's reinsurance commissions and expense allowances divided by its adjusted surplus account. The smaller this ratio, the more financial ...

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Preliminary Term

Life insurance accounting method that does not require any terminal reserve for a policy at the end of the first year. First-year policy acquisition e ...

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