by lakemen » Sat Jul 08, 2006 11:23 am
Solvency
Ability of insurance companies to pay claims made by policyholders. Solvency may be promoted by statutory accounting conventions, financial ratio tests, disclosure of financial data, minimum capital and surplus requirements, limits to investment made by insurance companies and the corporate activities.
Ability of insurance companies to pay claims made by policyholders. Solvency may be promoted by statutory accounting conventions, financial ratio tests, disclosure of financial data, minimum capital and surplus requirements, limits to investment made by insurance companies and the corporate activities.
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