Deficiency reserves definition

Deficiency reserves means the excess, if greater than zero, of
Deficiency reserves means the excess, if greater than zero, of minimum reserves calculated in accordance with the prin- ciples of s. 623.06 (7), Stats., over basic reserves.
Deficiency reserves means the excess, if greater than zero, of minimum reserves calculated in accordance with G.S. 58-58-50(g) over basic reserves.

Examples of Deficiency reserves in a sentence

  • Deficiency reserves, if any, for the secondary guarantees shall be calculated for the secondary guarantee period in the same manner as described in subsection (4)(B) with gross premiums set equal to the specified premiums, if any, or otherwise to the minimum premiums that keep the policy in force.

  • Deficiency reserves, if any, for the secondary guarantees shall be calculated for the secondary guarantee period in the same manner as described in Section 6B with gross premiums set equal to the specified premiums, if any, or otherwise to the minimum premiums that keep the policy in force.

  • Deficiency reserves are not applicable to the plans reinsured under this Agreement.

  • Deficiency reserves, if any, for the secondary guarantees shall be calculated for the secondary guarantee period in the same manner as described in Section 006.02 with gross premiums set equal to the specified premiums, if any, or otherwise to the minimum premiums that keep the policy in force.

  • Deficiency reserves, if any, for the secondary guarantees shall be calculated for the secondary guarantee period in the same manner as described in subsection 5.2 of this rule with gross premiums set equal to the specified premiums, if any, or otherwise to the minimum premiums that keep the policy in force.


More Definitions of Deficiency reserves

Deficiency reserves. Not reinsured
Deficiency reserves means the excess, if greater than zero, of minimum reserves over basic reserves.
Deficiency reserves means the excess, if greater than zero, of minimum reserves calculated in accordance with KRS 304.6-180 over basic reserves.
Deficiency reserves means the excess, if greater than 0, of minimum reserves calculated in accordance with 33-2-526 33-2-412, MCA, over basic reserves.
Deficiency reserves means the excess, if greater than 0, of (i) minimum reserves calculated in accordance with §38.2-1376 of the Code of Virginia over (ii) basic reserves.
Deficiency reserves means the excess, if greater than zero, of minimum reserves, calculated in accordance with the principles of Section 59A-8-5E(1)(e) NMSA 1978, over basic reserves.
Deficiency reservesAllianz Life will not set up deficiency reserves on its portion of the risk. SCHEDULE D - YEARLY RENEWABLE TERM PREMIUMS, PREMIUMS FOR BENENFIT COVERAGES AND SUBSTANDARD FLAT EXTRAS FOR CONVERSIONS Individual Life Reinsurance: The rates shown in this schedule apply to reinsurance cessions of $20,000 or more. The total individual life reinsurance premium on standard cessions and on those cessions with a percentage rating consists of the appropriate rate per $1,000 applied to the amount at risk plus an annual policy fee of $20.00 per cession. Rates for females equal the rates for males four years younger; except that rates for females aged zero to ten equal the rates for males of the same ages and rates for females aged eleven to fourteen equal those for males aged ten.