Surplus reserve definition

Surplus reserve means the amount traditionally set aside by insurers to provide financial protection from unex- pected losses and to serve, in part, as a measure of an insurer's net worth.
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Surplus reserve means the amount traditionally set
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Surplus reserve means the amount traditionally set aside by commercial property and casualty insurance companies to provide financial protection from unexpected losses and to serve, in part, as a measure of an insurance company's net worth.
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Examples of Surplus reserve in a sentence

  • Surplus reserve accrued 2.Appropriations to general risk provisions 3.Distribution to owners (shareholders) 4.

  • Surplus reserve comprises statutory surplus reserve and discretionary surplus reserve.

  • Surplus reserve pertains to a portion of the Bank's income from trust operations set-up on a yearly basis in compliance with BSP regulations.

  • Surplus reserve accrued 2.Appropriation s to general risk provisions 3.Distribution to owners (shareholders) 4.

  • Surplus reserve accrued 2.Distribution to owners (shareholders) 3.

  • Upon transfer of treasury stock, transfer income which is higher than the cost of treasury stock, shall to be added to capital premium; transfer income which is lower than the treasury stock, shall be written-off in the order of capital premium, Surplus reserve, and undistributed profit.

  • Surplus reserve Surplus reserve comprises the statutory surplus reserve and the discretionary surplus reserve.

  • Balance at the end of the period 1,008,950,570.00 3,446,257,738.38 303,627,977.74 510,100,496.00 11,621,472,824.79 16,283,153,651.43 Amount of the previous period Unit: yuan ItemSemi-annual of 2020 Share capitalOther equityinstrument Capital reserve Less: Inventory shares Other comprehensive income Reasonable reserve Surplus reserve Retained profit Other Total owners’ equity Pr efe rre d sto ckPe rp etu al ca pit al se cu rities Ot he rI.

  • Surplus reserve The Group measures the surplus reserve on the date of adoption for new financial reporting standards related to financial instruments by comparing the difference between allowance for expected credit losses according to requirement under new financial reporting standards related to financial instruments and total reserves that the Group had on 31 December 2019.

  • Surplus reserve consists of statutory surplus reserve and discretionary surplus reserve.


More Definitions of Surplus reserve

Surplus reserve means the amount traditionally set aside by
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Surplus reserve means the amount, if any, set forth in the Contract Data Sheet;
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Related to Surplus reserve

  • Surplus Fund means the fund by that name established pursuant to the Second Resolution.

  • Loss Reserve means, on any date, an amount equal to (i) the aggregate of the Investment of all Purchasers set forth in the definition thereof at the close of business of the Servicer on such date multiplied by (ii)(A) the Loss Reserve Percentage on such date divided by (B) 100% minus the Loss Reserve Percentage on such date.

  • Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.

  • Capital Reserve means for any period and with respect to a Property (other than any Projects Under Development), an amount equal to the product of (i) the gross leaseable area contained in such Property (in square feet), multiplied by (ii) $0.30 per annum.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).