Surplus as regards policyholders definition

Surplus as regards policyholders means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.
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Surplus as regards policyholders means, with respect to any Insurance Subsidiary at any time, the surplus as regards policyholders of such Insurance Subsidiary, as determined in accordance with SAP as at the last day of the fiscal quarter of the Borrower ending on or most recently ended prior to such date.
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Surplus as regards policyholders means, with respect to any Insurance Subsidiary at any time, the "capital stock" of such Insurance Subsidiary at such time, as determined in accordance with SAP ("Liabilities, Surplus and Other Funds" statement, Line 26 of the Annual Statement).
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Examples of Surplus as regards policyholders in a sentence

  • Surplus as regards policyholders, as of statement date (Lines 21 plus 38) DETAILS OF WRITE-INS0501.0502.0503.0598.

  • Surplus as regards policyholders, December 31 current year (Line 21 plus Line 38) (Page 3, Line 37) DETAILS OF WRITE-INS0501.0502.0503.0598.

  • Surplus as regards policyholders, as of statement date (Lines 21 plus 38) DETAILS OF WRITE-INS 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,0000501.0502.0503.0598.

  • Surplus as regards policyholders, as of statement date (Lines 21 plus 38) DETAILS OF WRITE-INS0501.

  • Surplus as regards policyholders (total capital and surplus) as of the 31st day of December next preceding.

  • Surplus as regards policyholders, December 31 prior year................................................................

  • Surplus as regards policyholders, as of statement date (Lines 21 plus 38).......................................

  • Surplus as regards policyholders as of the preceding December 31.

  • Surplus as regards policyholders, December 31 prior year 355,941,004 236,535,048 236,535,04822.

  • Surplus as regards policyholders, December 31 current year (Line 21 plus Line 38) (Page 3, Line 37) DETAILS OF WRITE-INS0501.


More Definitions of Surplus as regards policyholders

Surplus as regards policyholders means surplus as regards policyholders based upon the Closing Balance Sheet as determined in accordance with SAP on the Closing Date after adjustments for termination of the Affiliate Agreements and the Fair Market Value Adjustment.
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Surplus as regards policyholders means, with respect to any Insurance --------------------------------- Subsidiary at any time, the "capital stock" 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).
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Surplus as regards policyholders as of the end of each of its fiscal quarters, as reported on line 25, page 3, column 1 of the Annual Report of such Insurance Company Subsidiary in the case of calculations made as of the last day of any fiscal year of such Insurance Company Subsidiary, and as reported on the applicable Quarterly Statement of such Insurance Company Subsidiary in the case of calculations made as of the last day of any first, second or third quarter of such Insurance Company Subsidiary.
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Surplus as regards policyholders. The amount that would be reflected on Line 39 of the schedule entitled “Statement of Income” of the 2014 Annual Statement filed by the Company with the NYSDFS, if said amount was to be calculated as of the Closing Date, after giving effect to (i) full reserve credit on the Company’s statutory liabilities for the transactions contemplated by the Reinsurance Agreements, and (ii) the termination of the Affiliate Relationships in conformity with SAP.
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Surplus as regards policyholders means the total of capital paid-up, gross paid-in and contributed surplus, special surplus funds, unassigned funds less treasury stock at cost, all as shown on the company's balance sheet.
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Related to Surplus as regards policyholders

  • Policyholders surplus” means an insurer’s net worth, the difference between its assets and liabilities, as reported in its annual statement.

  • Policyholder means the adult person named in the Schedule who has concluded the Policy with the Company.

  • New Jersey Stormwater Best Management Practices (BMP) Manual or “BMP Manual” means the manual maintained by the Department providing, in part, design specifications, removal rates, calculation methods, and soil testing procedures approved by the Department as being capable of contributing to the achievement of the stormwater management standards specified in this chapter. The BMP Manual is periodically amended by the Department as necessary to provide design specifications on additional best management practices and new information on already included practices reflecting the best available current information regarding the particular practice and the Department’s determination as to the ability of that best management practice to contribute to compliance with the standards contained in this chapter. Alternative stormwater management measures, removal rates, or calculation methods may be utilized, subject to any limitations specified in this chapter, provided the design engineer demonstrates to the municipality, in accordance with Section IV.F. of this ordinance and N.J.A.C. 7:8-5.2(g), that the proposed measure and its design will contribute to achievement of the design and performance standards established by this chapter.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Best Management Practices (BMPs means schedules of activities, prohibitions of practices, maintenance procedures, and other management practices to prevent or reduce the pollution of waters of the state. BMPs also include treatment requirements, operating procedures, and practices to control site runoff, spillage or leaks, sludge or waste disposal, or drainage from raw material storage.