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What does The c 1 surplus requirement is an asset default test model recommended by naic to?
The C1 surplus requirement is an asset default test model recommended by the National Association of Insurance Commissioners (NAIC) to assess the potential impact of asset defaults on an insurance company's surplus. This model helps insurers evaluate the risk associated with their investments and ensures they maintain adequate capital to cover potential losses. By applying this requirement, regulators aim to promote financial stability and protect policyholders by requiring insurers to hold sufficient surplus in relation to their risk exposure.
What is surplus on revaluation of asset?
Surplus on revaluation of assets means that on the even of revaluation, more assets has appreciate in their value then depreciate.
What does revaluation surplus mean?
Revaluation surplus refers to the increase in the value of an asset when it is revalued to reflect its current fair market value, typically as part of a company's financial reporting. This surplus is recorded in the equity section of the balance sheet under "other comprehensive income" and is not realized until the asset is sold. It reflects changes in market conditions or improvements in the asset's condition. Importantly, a revaluation surplus can enhance a company’s net worth without affecting cash flow.
What do you mean by performing asset?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What do you mean by non-performing asset?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
If you default on a personal loan can a lien be place against your vehicle?
If you own your car, its an asset, probably
What is naked CDS - Credit Default Swap?
A naked CDS is the purchase of CDS's without an investment in the underlying asset. Essentially buying insurance without the asset. Usually linked with speculation in the creditworthiness of the company. Speculators trade the likelihood a company will default on its payments.
What is full name of npa?
The full name of NPA is non-performing asset. A non-performing asset is a financial term which is used to describe loans which are in danger of going into default.
Credit card debt default and asset seizure?
A company can seize assets doe to credit card default if they obtain a judgment through the court. You will be notified of the court date.
Does a risk free asset have a beta of one?
No, a risk-free asset does not have a beta of one. In finance, the beta of an asset measures its sensitivity to market movements, with a beta of one indicating that the asset moves in line with the market. A risk-free asset, such as a Treasury bond, has a beta of zero because it is not correlated with market fluctuations and carries no risk of default.
Which type of account is prepaid expenses?
Prepaid expense is personal account in nature and default normal balance is debit balance and shown under current asset in asset side of balance sheet.
Revaluation Surplus is it a non-distributable reserve?
it is non-distributable as it represents unrealised profits on the revalued assets. it is another capital reserve. the relevant part of a revaluation surplus can only become realised if the asset in question is sold, thus realising the gain.
