Sum left after liabilities are deducted from assets. Sums such as paid-in capital and special voluntary reserves are included in this term. This surplus is an additional financial protection to policyholders in the event a company suffers unexpected or catastrophic losses.
The amount of money available to an insurer to meet its obligations to its policyholders, after subtracting liabilities.
The amount remaining after an insurer's liabilities are subtracted from its admitted assets, applying statutory accounting practices.
This item is the sum of paid in capital, paid in and contributed surplus, and net earned surplus, including voluntary contingency reserves. It also is the difference between total admitted assets and total liabilities.
Sum over and above liabilities available for an insurer to meet future obligations to its policyholders.
The amount of money remaining after an insurer's liabilities are subtracted from its assets. It acts as a financial cushion above and beyond reserves, protecting policyholders against an unexpected or catastrophic situation.