Admitted assets definition

Admitted assets means the amount thereof as of the last day of the most recently concluded annual statement year, computed in accordance with rule 191—5.6(505,515,520).

Admitted assets means, for purposes of the limitations and standards imposed by Articles 1 and 2

Admitted assets means assets recognized by the superintendent pursuant to section 901-A. For purposes of this chapter, the asset value is that contained in the annual statement of the corporation as of December 31st of the year preceding the making of the investment or contained in any audited financial report, as defined in section 221-A, of more current origin.

Examples of Admitted assets in a sentence

• Admitted assets" means assets recognized by the superintendent pursuant to section 901‑A.[PL 2001, c.

• Admitted assets" means assets recognized by the superintendent pursuant to section 901-A.[PL 2001, c.

• Admitted assets" means assets recognized by the superintendent pursuant to section 901-A.[ 2001, c.

• Admitted assets typically exclude illiquid and hard-to-value assets, such as overdue receivables and furniture and equipment.deviation of the firm’s loss ratio where the loss ratio is the ratio of loss incurred divided by premiums earned.１９Fourth, investment risk is related to the investment activities that may adversely affect insurer’s financial stability.

• The following shows the assets, liabilities and surplus as regards policyholders as of December 31, 2009 as determined by this examination and as reported by the Aggregate Trust Fund: Admitted assets Bonds$113,589,000Preferred stocks2,089,000 Common stocks222,000 Cash and short-term investments19,881,000 Accrued investment income1,133,000 Award payments rec.

More Definitions of Admitted assets

Admitted assets means those assets owned by the corporation, recognized pursuant to Title 24‑A, section 901‑A, reduced in amount by any applicable provision of this Title or Title 24-A. For purposes of applying the investment limitations of Title 24‑A, chapter 13‑A, the asset value must be that contained in the annual statement of the corporation as of December 31st of the year next preceding the making of the investment or contained in an audited financial report, as defined in Title 24‑A, section 221‑A, of more current origin prepared on the basis of statutory accounting principles.

Admitted assets means investment in assets which will be admitted by the superintendent of insurance pursuant to the law of this state.

Admitted assets means assets permitted to be reported as admitted

Admitted assets means assets of an insurer considered admitted under Section 38‑11‑100.

Admitted assets means, for purposes of the limitations and standards imposed by Articles 1 and 2 of this chapter, the amount thereof as permitted to be reported on the statutory financial statement of the insurer most recently required to be filed with the Commission pursuant to §§ 38.2-1300 and 38.2-1301 or other similar provisions within this title, but excluding the assets allocated to separate accounts established pursuant to Article 3 (§ 38.2-1443 et seq.) of this chapter.

Admitted assets means assets recognized by the superintendent pursuant to section 901‑A.[PL 2001, c. 72, §11 (AMD).]

Admitted assets means assets of an insurer considered admitted on the most recent statutory financial statement of the insurer filed with the department pursuant to Section 38‑13‑80.