Reserves required by state regulators. Because regulators must assure that an insurance company remains solvent and that it can pay future claims, they set conservative standards for insurer reserves. Regulators have various formulas for valuing reserves, such as the Loss Frequency Method and the Commissioners Reserve Valuation Method.
Statutory Reserves
| Insurance Dictionary: Statutory Reserves |
| 5min Related Video: Statutory Reserves |
Learn More
 | Statutory Underwriting Profit or Loss (insurance term) |
| Commissioners Annuity Reserve Valuation Method (Carvm) (insurance term) |
| Solvency Surplus (insurance term) |
Help us answer these
 | How did the statutory reserves arise? |
| How did they arise statutory reserves? |
| What is a statutory reserve fund? |
Post a question - any question - to the WikiAnswers community:
Copyrights:
 |
 | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more |
Related answers
- How do you calculate the statutory reserve of a company?
- What is difference between legal and statutory reserves?
- What are reserves?
ADVERTISEMENT
Answer these
- What is statutory reserves in life insurance?
- How is statutory reserve created?
- What are statutory reserves and how they are created?
Mentioned in
- Statutory Underwriting Profit or Loss (insurance term)
- Commissioners Annuity Reserve Valuation Method (Carvm) (insurance term)
- Solvency Surplus (insurance term)
- Voluntary Reserve (insurance term)
- Statutory Statement of Accounting Principle (SSAP) 65-Property and Casualty Contracts (insurance term)
- Statutory Earnings (insurance term)
- Statutory Requirements (insurance term)
- Valuation of Assets (insurance term)
- Statutory reserve
- Local Nature Reserve
- Ong Teng Cheong
- Parkland Walk
- Poole Harbour
- Bristol Channel
