What is the statutory surplus and why is it an important measure for an insurance company?
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What is the statutory surplus and why is it an important measure for an insurance company?
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Statutory surplus is the excess of an insurance companys assets over its liabilities as calculated a...View the full answer
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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