Quarterly Statutory Financial Statement definition

Quarterly Statutory Financial Statement means the quarterly finan- cial statement of an insurer prepared in accordance with Statutory Account- ing Principles and submitted to the state insurance department if required by any state in which the insurer is li- censed.
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Examples of Quarterly Statutory Financial Statement in a sentence

  • Have surplus, as reported in its most recent Annual or Quarterly Statutory Financial Statement, that is at least equal to twice the MPUL amount for the Company’s estimated retained premium submitted in its plan of operation.

  • Have surplus, as reported in its most recent Annual or Quarterly Statutory Financial Statement, that is at least equal to twice the MPUL amount for the Company's estimated retained premium submitted in its plan of operation.

  • Quarterly Statutory Financial Statement means the quarterly financial statement of a Company prepared in accordance with Statutory Accounting Principles and submitted to the state insurance department if required by any state in which the Company is licensed.Reinsurance Agreement means the Standard Reinsurance Agreement, Livestock Price Reinsurance Agreement or any other Reinsurance Agreement between the Company and FCIC.

  • None of the Company, any of its Subsidiaries or any of their respective officers, employees, consultants, independent contractors or directors have received any notice, whether written or oral, of revocation or non-renewal or material amendments of any such Authorizations, or of any intention of any Person to revoke or refuse to renew or to materially amend any of such Authorizations.

  • Additionally, fungal infestation, which could lead to higher mycotoxin levels, is widely reported.

Related to Quarterly Statutory Financial Statement

  • Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Authority 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.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Annual Financial Statement is defined in Section 10.1(a).

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

  • Year-End Financial Statements has the meaning specified in Section 4.5.

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

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • 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.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, 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.

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

  • Financial Statement Date has the meaning set forth in Section 4.05 hereof.

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).

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

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

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Original Financial Statements means the audited consolidated financial statements of the Company for the year ended 31 December 2012.

  • Buyer Financial Statements has the meaning set forth in Section 4.7.

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

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

  • Historical Financial Statements means as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.

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

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

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

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

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