Total Admitted Assets definition

Total Admitted Assets. Total Admitted Assets as Determined in accordance with Statutory Accounting Principles Total Capital and Surplus: Common Capital Stock + Preferred Capital Stock + Aggregate Write-Ins for Special Surplus Funds + Aggregate Write-Ins for Other than Special Surplus Funds + Surplus Notes + Gross Paid-In and Contributed Surplus + Unassigned Funds (Surplus) Asset Valuation Reserve – Treasury Stock Return on Policyholders’ Surplus for the Trailing Twelve Month Period: Net Income/Policyholders’ Surplus for the Trailing Twelve Month Period LEGEND – PROPERTY & CASUALTY INSURERS NAIC RBC Ratio: (Total Adjusted Capital (as defined in the NAIC RBC Instructions for Life Insurers)/Authorized Control Level Risk-Based Capital)
Total Admitted Assets. Total Admitted Assets as Determined in accordance with Statutory Accounting Principles Total Capital and Surplus: Common Capital Stock + Preferred Capital Stock + Aggregate Write-Ins for Special Surplus Funds + Aggregate Write-Ins for Other than Special Surplus Funds + Surplus Notes + Gross Paid-In and Contributed Surplus + Unassigned Funds (Surplus) Asset Valuation Reserve – Treasury Stock Return on Policyholders’ Surplus for the Trailing Twelve Month Period: Net Income/Policyholders’ Surplus for the Trailing Twelve Month Period Expense Ratio: Other Underwriting Expenses Incurred/Net Premiums Earned Loss and LAE Ratio: (Losses Incurred + Loss Expenses Incurred)/Net Premiums Earned Combined Ratio: Expense Ratio + Loss and LAE Ratio Net Premiums Written (Trailing Twelve Month Period) to Policyholders’ Surplus: Net Premiums Written of the Trailing Twelve Month Period/Policyholders’ Surplus Exhibit C FORM OF OFFICERS’ CERTIFICATE UNDER SECTION 10.3 Pursuant to Section 10.3 of the Junior Subordinated Indenture, dated as of June 15, 2007 (as amended or supplemented from time to time, the “Indenture”), between First Acceptance Corporation, as issuer (the “Company”), and Wilmington Trust Company, as trustee, each of the undersigned hereby certifies that, to the knowledge of the undersigned, the Company is not in default in the performance or observance of any of the terms, provisions or conditions contained in the Indenture (without regard to any period of grace or requirement of notice provided under the Indenture), for the fiscal year ending on ___, 20___[, except as follows: specify each such default and the nature and status thereof]. Capitalized terms used herein, and not otherwise defined herein, have the respective meanings assigned thereto in the Indenture.
Total Admitted Assets. Total Admitted Assets as Determined in accordance with Statutory Accounting Principles Total Capital and Surplus: Common Capital Stock + Preferred Capital Stock + Aggregate Write-Ins for Special Surplus Funds + Aggregate Write-Ins for Other than Special Surplus Funds + Surplus Notes + Gross Paid-In and Contributed Surplus + Unassigned Funds (Surplus) Asset Valuation Reserve - Treasury Stock Return on Policyholders' Surplus Net Income/Policyholders' Surplus for for the Trailing Twelve Month Period: the Trailing Twelve Month Period LEGEND - PROPERTY & CASUALTY INSURERS NAIC RBC Ratio: (Total Adjusted Capital (as defined in the NAIC RBC Instructions for Life Insurers)/Authorized Control Level Risk-Based Capital)

Examples of Total Admitted Assets in a sentence

  • Restricted Asset CategoryCurrent Year8 Total Non- admittedRestricted9 Total Admitted Restricted (5 minus 8)Percentage 10 Gross (Admitted & Non- admitted) Restricted to TotalAssets (c) 11 Admitted Restricted to Total Admitted Assets (d)a.

  • Subset of column 3 Restricted Asset CategoryCurrent Year Percentage891011Total Non AdmittedRestrictedTotal Admitted Restricted (5 minus 8)Gross (Admitted & Nonadmitted Restricted to Assets (c)Admitted Restricted to Total Admitted Assets (d)a, Subject to contractual obligation for whichliability is not shown$0$00.0%0.0%b.

  • Restricted Asset CategoryCurrent Year8 Total Non- admittedRestricted9 Total Admitted Restricted (5 minus 8)Percentage10 Gross (Admitted & Non- admitted) Restricted to TotalAssets (c)11 Admitted Restricted to Total Admitted Assets (d)a.

  • Collateral Received and Reflected as Assets within the Reporting Entity’s Financial Statements Collateral Assets1 Book/Adjusted Carrying Value (BACV)2 Fair Value3% of BACV to Total Assets (Admitted and Nonadmitted)*4 % of BACV to Total Admitted Assets **a.

  • Collateral Received and Reflected as Assets within the Reporting Entity’s Financial Statements Collateral Assets1 Book/Adjusted Carrying Value (BACV)2 Fair Value3% of BACV to Total Assets (Admitted and Non-admitted)*4 % of BACV to Total Admitted Assets **a.

  • The following table shows data for the public employee retirement systems, excluding the variable supplements funds, for selected years from 1999 to 2009: a Prior to 2007, assets were Total Admitted Assets, when the annual statement was prepared on a statutory basis.

  • At the end of 2009, the assets of these private pension funds totaled approximately $185 billion.The following table shows data for the private pension funds for selected years from 1999 to 2009: a Prior to 2007, assets were Total Admitted Assets, when the annual statement was prepared on a statutory basis.

  • Collateral Received and Reflected as Assets within the Reporting Entity’s Financial Statements Collateral Assets1 Book/Adjusted Carrying Value (BACV)2 Fair Value3% of BACV to Total Assets (Admitted andNonadmitted)*4 % of BACV to Total Admitted Assets **a.

  • Restricted Asset Category1 Total GrossRestricted from Current Year2 Total Gross Restrictedfrom Prior Year3 Increase (Decrease)(1 minus 2)4 Total Current YearNonadmitted Restricted5 Total Current YearAdmitted Restricted (1 minus 4)6Gross (Admitted &Nonadmitted)Restricted to Total Assets (a)7 Additional Restrictedto Total Admitted Assets (b)a.

  • Collateral Received and Reflected as Assets within the Reporting Entity’s Financial Statements Collateral Assets1 Book/Adjusted Carrying Value (BACV)2 Fair Value3% of BACV to Total Assets(Admitted and Nonadmitted)*4 % of BACV to Total Admitted Assets **a.


More Definitions of Total Admitted Assets

Total Admitted Assets. Total Admitted Assets as Determined in accordance with Statutory Accounting Principles Total Capital and Surplus: Common Capital Stock + Preferred Capital Stock + Aggregate Write-Ins for Special Surplus Funds + Aggregate Write-Ins for Other than Special Surplus Funds + Surplus Notes + Gross Paid-In and Contributed Surplus + Unassigned Funds (Surplus) Asset Valuation Reserve - Treasury Stock Return on Policyholders' Surplus Net Income/Policyholders' Surplus for for the Trailing Twelve Month Period: the Trailing Twelve Month Period Expense Ratio: Other Underwriting Expenses Incurred/Net Premiums Earned Loss and LAE Ratio: (Losses Incurred + Loss Expenses Incurred)/Net Premiums Earned Combined Ratio: Expense Ratio + Loss and LAE Ratio Net Premiums Written Net Premiums Written of the Trailing (Trailing Twelve Month Period) Twelve Month Period/Policyholders' to Policyholders' Surplus: Surplus
Total Admitted Assets means, with respect to the Insurance Subsidiaries at any time, the sum of all assets of the Insurance Subsidiaries that would be permitted at such time by their respective Applicable Insurance Regulatory Authorities to be classified as admitted assets in accordance with SAP, and in any event shall exclude Subsidiary Investments of the Insurance Subsidiaries.

Related to Total Admitted Assets

  • Admitted assets means the amount thereof as of the last day of the most recently concluded annual statement year, computed in accordance with rule 191—5.6(505,515,520).

  • Combined Assets means the sum of Fund Assets and Other Assets; and

  • Total Tangible Assets at any date of determination, the total amount of assets of the Guarantor and its Subsidiaries (without duplication and excluding any asset owned by the Guarantor or any Subsidiary that represents an obligation of the Guarantor or any other Subsidiary to such Subsidiary or Guarantor) after deducting therefrom all goodwill, trade names, trademarks, patents, licenses, copyrights and other intangible assets.

  • Invested Assets means cash, Cash Equivalents, short term investments, investments held for sale and any other assets which are treated as investments under GAAP.

  • Specified Assets the following property and assets of such Grantor:

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Subject Business means the policy or policies that are the subject of the Insurance Business Transfer Plan.

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • Affected Assets means, collectively, the Receivables and the Related Security, Collections and Proceeds relating thereto.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Net Tangible Assets means the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the Company’s balance sheet, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the Company’s current liabilities appearing on such balance sheet. For purposes of this definition, the Company's balance sheet does not include assets and liabilities of its subsidiaries.

  • Retained Assets has the meaning set forth in Section 2.2.

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • Fixed Assets means Equipment and Real Estate.

  • Diminution in Value in respect of the Project shall mean any reduction in the value, using the original fair market value (without regard to depreciation) as determined in Step 1 of Section 4.01 of this Fee Agreement, of the items which constitute a part of the Project and which are subject to FILOT payments which may be caused by the Company’s or any Sponsor Affiliate’s removal and/or disposal of equipment pursuant to Section 4.04 hereof, or by its election to remove components of the Project as a result of any damage or destruction or any Condemnation Event with respect thereto.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Economic Interest means a Person’s right to share in the income, gains, losses, deductions, credits, or similar items of the Company, and to receive Distributions from the Company, but excluding any other rights of a Member, including the right to vote or to participate in management, or, except as may be provided in the Act, any right to information concerning the business and affairs of the Company.

  • Consolidated Total Tangible Assets means, as of any date, the Consolidated Total Assets as of such date, less all goodwill and intangible assets determined in accordance with GAAP included in such Consolidated Total Assets.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Excluded Personal Property means the following:

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.