Solvency Margin Ratio definition

Solvency Margin Ratio means the solvency margin ratio or any equivalent ratio then employed, on any particular date, calculated in accordance with the Insurance Business Act and related guidelines and administrative directives.
Sample 1Sample 2
Solvency Margin Ratio of any Insurance Company or Peer means the solvency margin ratio of such Insurance Company or Peer as determined in accordance with the Insurance Business Law, including, if applicable, the New Solvency Margin Guideline; provided that for purposes of Section 5.01(z)(xxvii) the Solvency Margin Ratio shall be calculated without giving effect to the New Solvency Margin Guideline.
Sample 1Sample 2
Solvency Margin Ratio means the solvency margin ratio of HLIKK as determined in accordance with the IB Law.
Sample 1

Examples of Solvency Margin Ratio in a sentence

  • Price fluctuation risk management Regarding market risk management, the Group conducts risk management focusing on indices such as VaR (Value at Risk), which denotes the maximum loss amount expected due to market changes based on the confidence interval, and Basis Point Value (BPV), which denotes price fluctuations in the bond portfolio due to changes in the market interest rate, in addition to identifying risks based on the Solvency Margin Ratio.

  • The same applies for the calculation of the Ongoing Solvency Margin Ratio.

  • If the Solvency Margin Ratio falls below 200%, the FSA may order submission and implementation of a reasonable improvement plan for sound management.

  • Ongoing Solvency Margin RatioThe Ongoing Solvency Margin Ratio (OSMR) is defined in the ‘Decree in relation to the Financial Assessment Framework for pension funds’.

  • Solvency Margin Ratio ...............................................................................................

  • If the Solvency Margin Ratio falls below 200 , the FSA may order submission and implementation of a reasonable improvement plan for sound management.

  • If the Clearing Participant is an insurance company which is a Registered Financial Institution, when its non-consolidated or consolidated Solvency Margin Ratio becomes less than 500% and its Parent Company is subject to the declining creditworthiness defined in Paragraph 4 below, and JSCC considers that the creditworthiness of the Parent Company is likely to worsen significantly; or d.

  • If a Parent Company is an insurance company which is a Registered Financial Institution: When its non-consolidated or consolidated Solvency Margin Ratio becomes less than 500%.

  • Claims against normal obligors are all other loans.9. Solvency Margin Ratio (millions of yen) As of March 31, 2022As of September 30, 2022Total solvency margin (A)6,483,7895,792,350 Common stock, etc.

  • Note: The figures are calculated based on Articles 86, 87 of the Enforcement Regulations of Insurance Business Act, and Announcement No. 50, Ministry of Finance, 1996.(Reference) Consolidated Solvency Margin Ratio (millions of yen) As of March 31, 2018As of March 31, 2019Total solvency margin (A)6,251,7126,318,688 Common stock, etc.

Related to Solvency Margin Ratio

  • First Lien Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated First Lien Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Indebtedness for Borrowed Money of the Borrower and its Subsidiaries on a consolidated basis as of such date to (b) Consolidated EBITDA for the most recently completed four fiscal quarters.

  • Total Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Leverage Ratio means, on any date, the ratio of Total Debt on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended on or prior to such date.

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;