For an insurance company, the amount of extra money after all liabilities and assets have been properly calculated according to the accounting standards.
Related information about statutory surplus:
- What is statutory surplus? definition and meaning
Definition of statutory surplus: For an insurance company, the amount of extra money after all liabilities and assets have been properly calculated according to ...
- Statutory Surplus - Financial Dictionary - The Free Dictionary
The surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes.
- Statutory Surplus: Definition from Answers.com
Statutory Surplus Excess funds above the amount required to establish legal reserves for the policies in force.
- Adjusted Surplus Definition | Investopedia
It is calculated by taking the statutory surplus plus the Interest Maintenance ... The Statutory Surplus is determined by the accounting treatment of assets and ...
- Statutory surplus
Similar financial terms. Surplus funds. Cash flow available after payment of taxes in the project. Regulatory surplus. The surplus as measured using regulatory ...
- Capital & Surplus, Assets & Investment Income Statutory Surplus ...
keep GAAP books; statutory surplus is identified by subtracting out the non- admitted col. 2 Definitions of Surplus. Balance Sheet: Surplus = Assets – Liabilities ...
- Statutory Surplus Definition
The definition of the financial term statutory surplus. Find more finance definitions inside the PFhub glossary your Personal Finance Hub.
- Statutory surplus and net income for General Insurance and Life ...
(a), Statutory surplus and net income with respect to foreign operations are estimated at November 30. The basis of presentation for branches of AIA is the Hong ...