Statutory Balance Sheet definition

Statutory Balance Sheet and “statutory valuation” means respectively a balance-sheet lodged with the Director General in order to comply with subsection (1) of section 41, and a valuation of which the results are shown in a valuation balance-sheet lodged with him on an a actuarial investigation made in order to comply with subsection (1) of section 42 and—
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Statutory Balance Sheet means the balance sheet(s) prepared by SSLIC in accordance with the accounting practices prescribed or permitted by the Insurance Department of the State of Florida;
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Statutory Balance Sheet means the consolidated balance sheet of the Regulated Subsidiaries as of and for the period ending on the Closing Date prepared in accordance with Statutory Accounting Principles.
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Examples of Statutory Balance Sheet in a sentence

  • Statutory Balance Sheet (Column C): Record here the figures as per the local authority’s audited statutory Balance Sheet.

  • The calculation of the Initial Reinsurance Premium shall be determined in a manner consistent with the preparation of the Estimated Statutory Balance Sheet (as defined in the Purchase Agreement).

  • Kentucky Health Cooperative, Inc., at 3.241 Kentucky CO-OP, Statutory Balance Sheet (Dec.

  • If Buyer shall fail to deliver the Proposed Final Balance Sheets pursuant to this Section 2.3(b)(ii) within 120 days after the Closing Date, the Estimated GAAP Balance Sheet, the Estimated Statutory Balance Sheet and the Estimated Reciprocals Balance Sheet shall be deemed to be final, binding and conclusive on the parties.

  • The main balance sheet positions on the liability side are shareholder equity (SEO), equalization reserves (ERO), and claim reserves (CRO).9 Assets are proportionally split between those assets backing share-holder equity (BVabce) and assets backing liabilities (BVabS).O O AssetsLiabilities Assets backing Shareholder Equity Shareholder Equity Assets backing LiabilitiesEqualization ReservesClaim Reserves Figure 2: Statutory Balance Sheet The risk-free yield curve at t= 0 is given by predefined swap rates.

  • Specifically, the procedure for determining the net realizable value as of the reporting date as a basis for measuring impairment losses or reversals of impairment losses on investment properties in accordance with the “IDW Accounting Principle: Valuation of Invest- ment Property in the Statutory Balance Sheet (IDW AcP IFA 2)” is complex as it involves numerous valuation inputs requiring considerable judgments and assumptions by the Management Board.

  • Section 5.6(a) of the Disclosure Schedule sets forth a complete list of all Investments of Sequoia as of June 30, 2002, listing the CUSIP number, if any, of such securities and the value of such Investments, as reflected in the June 30, 2002 GAAP Balance Sheet and the June 30, 2002 Statutory Balance Sheet and indicating which Investments are securities, mortgages of, or other investments in Affiliates of PHYSICIANS.

  • Artikel 32: Verteilung des Bilanzgewinns, ReservenArticle 32: Allocation of Profit Shown on the Annual Statutory Balance Sheet, Reserves 1Über den Bilanzgewinn verfügt die Generalversammlung im Rahmen der anwendbaren gesetzlichen Vorschriften.

  • The members had RESOLVED that the Bank Statement as of 31st March 2020, the Bank Reconciliation, copies of the Earmarked Reserves, the Statutory Balance Sheet, the Statutory Income and Expenditure Statement, should be recommended to the Full Council.It was RESOLVED that the members report to the Full Council on the actions outlined in the report received from the Internal Auditor.

  • The calculation of the Initial Commutation Amount shall be determined in a manner consistent with the preparation of the Estimated Statutory Balance Sheet (as defined in the Purchase Agreement).


More Definitions of Statutory Balance Sheet

Statutory Balance Sheet and “statutory valuation” means respectively a balance-sheet lodged with the Authority in order to comply with section 60(1), and a valuation of which results are shown in a valuation balance-sheet lodged with him on an actuarial investigation made in order to comply with section 61(1); any reference to the last statutory balance-sheet or to the last statutory
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Statutory Balance Sheet means a balance sheet of Sequoia prepared in accordance with Statutory Accounting Principles applied on a basis consistent
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Statutory Balance Sheet means a balance sheet of Sequoia prepared in accordance with Statutory Accounting Principles applied on a basis consistent with that used in preparing Sequoia's unaudited June 30, 2002 statutory balance sheet and Sequoia's audited Dec 31, 2001 statutory financial statements which have been filed with the California Department of Insurance.
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Statutory Balance Sheet means the balance sheet(s) prepared by SSLIC in accordance with the accounting
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Related to Statutory Balance Sheet

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2020, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2020.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Balance Sheet has the meaning set forth in Section 3.06.