The assets of an insurance company that are permitted by state law to be included in the financial statements of the company. Even though each state has discretion over its own insurance laws, there is a general consensus by which various assets should be suitable to use then determining the solvency of the insurance company.
Related information about admitted assets:
- Admitted Assets Definition | Investopedia
Assets of an insurance company that are permitted by state law to be included in the company's financial statements. Although each state has discretion over its ...
- Admitted Assets: Definition from Answers.com
Admitted Assets Assets permitted by state law to be included in an insurance companys annual statement.
- Admitted Assets - Financial Dictionary - The Free Dictionary
In the United States, assets that a state permits an insurance company to include on its balance sheet. Admitted assets vary state to state, but they must be both ...
- Admitted Assets
assets admitted by state law to be included in an insurance company's annual statement. These assets are an important item when regulators measure ...
- admitted assets - Insurance Glossary
admitted assets - Assets whose value is included in the annual statement of an insurer to the state commissioner of insurance.
- Section 945.40 Definition of Admitted Assets for Insurance
Admitted assets includes the investments authorized or permitted by the Code, exclusive of Section 136 of the Code [215 ILCS 5/136], the credit for reinsurance ...
- What is admitted assets? definition and meaning
Definition of admitted assets: The assets of an insurance company that are permitted by state law to be included in the financial statements of the company.
- admitted assets Definition | Business Dictionaries from AllBusiness ...
assets permitted by state law to be included in an insurance company's annual statement . These assets are an important factor when regulators measure ...