Reserve liabilities definition

Reserve liabilities means those liabilities which are required to be established by an insurer for all
Reserve liabilities means those liabilities which are required to be established by an insurer for all of its outstanding insurance policies, annuity contracts, benefit contracts and subscription contracts, in accordance with this title, as amended or as hereafter amended.
Reserve liabilities shall have the meaning ascribed to it in SECTION 3.9 hereof.

Examples of Reserve liabilities in a sentence

  • Reserve liabilities are all foreign exchange liabilities to residents and nonresidents, including commitments to sell foreign exchange arising from derivatives (such as futures, forwards, swaps, and options), and all credit outstanding from the IMF.

  • Reserve liabilities shall be defined as foreign exchange liabilities to residents and nonresidents of the Bank of Albania, irrespective of their maturity.

  • Reserve liabilities of the CBS comprise liabilities to nonresidents contracted by the CBS, any net off-balance-sheet position of the CBS (futures, forwards, swaps, or options) with either residents or nonresidents, including those to the IMF.

  • Reserve liabilities are all foreign exchange liabilities to residents and nonresidents, including commitments to sell foreign exchange arising from derivatives (such as futures, forwards, swaps, and options), and all credit outstanding from the IMF, but excluding any liabilities to the IMF’s SDR Department.

  • Reserve liabilities for all fixed incidental insurance benefits and any guarantees associated with variable incidental insurance benefits shall be maintained in the general account and reserve liabilities for all variable aspects of the variable incidental insurance benefits shall be maintained in a separate account, in amounts determined in accordance with the actuarial procedures appropriate to the benefit.


More Definitions of Reserve liabilities

Reserve liabilities means the liabilities that
Reserve liabilities means the liabilities that an insurer is required under this code to establish for all of the insurer's outstanding insurance policies. (V.T.I.C. Art. 21.39-A, Sec. 4.)
Reserve liabilities means the liabilities that an insurer is required under this code to establish for all of the insurer's outstanding insurance policies.
Reserve liabilities is defined in Section 2.13.
Reserve liabilities is defined in Section 3.8.
Reserve liabilities means all reserves and other liabilities with respect to insurance and reinsurance and for claims and benefits incurred but not reported, as established or reflected in the SAP Statements.
Reserve liabilities means those liabilities that are required to be established by an insurer for all of its outstanding insurance policies in accordance with this Chapter and G.S. 57-8.