Parent Statutory Statements definition

Parent Statutory Statements has the meaning set forth in Section 6.7(a).
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Parent Statutory Statements means all annual, quarterly and other periodic statements, together with all exhibits, interrogatories, notes, schedules and actuarial opinions, affirmations or certifications filed with or submitted to the appropriate Insurance Regulator of each jurisdiction in which a Parent Insurance Subsidiary is licensed or authorized or otherwise eligible or accredited with respect to the conduct of the business of insurance or reinsurance, as applicable, since January 1, 2012.
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Examples of Parent Statutory Statements in a sentence

  • Such Parent Statutory Statements complied in all material respects with all applicable Insurance Laws when filed or submitted and no material violation or deficiency has been asserted in writing (or, to the Knowledge of Parent, orally) by any Insurance Regulator with respect to any of such Parent Statutory Statements that has not been cured or otherwise resolved to the satisfaction of such Insurance Regulator.

  • The financial statements included in the Parent Statutory Statements accurately reflect in all material respects the extent to which, under applicable Law and Applicable SAP, the applicable Parent Insurance Subsidiary is entitled to take credit for reinsurance (or any local equivalent concept).

  • The Parent Statutory Statements (i) were derived from the books and records of the Parent, (ii) have been prepared in all material respects in accordance with SAP applied consistently throughout the periods presented, and (iii) present fairly, in all material respects, the statutory financial position and results of operations, cash flows, capital and surplus of the Parent as of their respective dates and for the respective periods covered thereby.

Related to Parent Statutory Statements

  • Statutory Statements has the meaning set forth in Section 3.6(a).

  • Statutory Statement means a statement of the condition and affairs of an Insurance Subsidiary, prepared in accordance with accounting procedures and practices prescribed or permitted by an applicable insurance regulatory authority or the NAIC, as modified in accordance with permitted practices approved by an applicable insurance regulatory authority, and filed with an applicable insurance regulatory authority or the NAIC.

  • Buyer Financial Statements shall have the meaning set forth in Section 4.6.

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

  • Closing Statements has the meaning set forth in Section 3.3(b).

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Original Financial Statements means the audited consolidated financial statements of the Guarantor for the financial year ended 31 December 2014.

  • Statutory Surplus means, with respect to any Insurance Subsidiary at any time, the statutory capital and surplus of such Insurance Subsidiary at such time, as determined in accordance with SAP ("Liabilities, Surplus and Other Funds" statement, page 3, line 25 of the Annual Statement for the 1995 Fiscal Year entitled "Surplus as Regards Policyholders").

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2012, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Parent SEC Documents has the meaning set forth in Section 4.6(a).

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.

  • Company Audited Financial Statements has the meaning set forth in Section 3.11.

  • Audited Statements means the Consolidated balance sheets of the Borrower as at December 31, 2001, and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, accompanied by the opinion thereon of the Borrower's independent public accountants.

  • Parent SEC Reports has the meaning set forth in Section 4.5(a).