Definitions for "Policyholders' Surplus"
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.
That part of the assets of an insurance company that is available for the benefit of policyholders.