Policyholder Surplus

Policyholder Surplus,

What is The Definition of Policyholder Surplus?

  • The difference between an insurance-approved ETS and a bond, ie its liquid assets. This key number is used to determine the financial strength of the insurance company and its ability to open a new business.

  • Total paid-up capital, over-paid and over-paid net surplus, including voluntary reserves for emergencies. This is the difference between the total value of Et approved and the total number of affiliates.

  • A simple definition of Policyholder Surplus is: The insurer is subject to deduction in compliance with the legal obligation to meet the benefits paid to its policyholder (liability). In addition, the insurer's equity was adjusted to exceed its liabilities.

  • Net assets of the insured presented in annual or legal financial statements. The amount by which ETS exceeds liability.

Literal Meanings of Policyholder Surplus

Surplus:

Meanings of Surplus:
  1. When demand, oversupply or supply is met, too much is left.

  2. Overused or overused.

Synonyms of Surplus

leftover, spare, disposable, redundant, unneeded, dispensable, reserve, superfluity, unused, leftovers, useless, excessive, oversupply, glut, remains, unwanted, left, additional, oversufficiency, overabundance, not required, plethora

Policyholder Surplus,

Policyholder Surplus Definition:

  1. The difference between an ETS and a bond approved by the insurer, ie its liquid assets. This key number is used to determine the insurer's financial strength and ability to open a new business.

  2. Total paid capital, paid and contributed surplus and accumulated net surplus, including voluntary reserves for emergencies. This is also the difference between the total number of approved ETS and the total number of member organizations.

  3. A simple definition of Policyholder Surplus is: Insurer's net assets presented in annual or legal financial statements. The amount by which ETS exceeds liability.

Literal Meanings of Policyholder Surplus

Surplus:

Meanings of Surplus:
  1. When demand, overproduction, or supply are met, there is too much left.

Synonyms of Surplus

remnant, residue, remaining, profusion, superfluous, surfeit, de trop, expendable, superabundance, remainder, in excess, uncalled for, extra