What is Non-admitted Assets?
Non-admitted Assets means: Ineligible assets are assets that insurers cannot list in their financial statements. Unapproved assets are the opposite of approved assets, ie assets that can be deposited into multiple insurance accounts.
Assets not included in the insurer's balance sheet, including furniture, fixtures and accessories, receivable accounts receivable and payable intermediaries.
Assets not included in the insurer's balance sheet, including movable, movable, overdue accounts and payable to the agent. (View assets)
Monetary value assets are different from those that can be used to meet the policyholder's obligations or assets that are not available for third party expenses or other interests and are not intended to be recognized in the balance sheet. Keep