What is the Definition of Policyholders Surplus?

What is the Definition of Policyholders Surplus?

The amount of money remaining after an insurer’s liabilities are subtracted from its assets. It acts as a financial cushion above and beyond reserves, protecting policyholders against an unexpected or catastrophic situation.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Policyholders Surplus?

You can find random definition and meaning of insurance terms below:


What is the meaning of At-Fault

The party that is legally liable for the damages in an accident.


What is the meaning of Auto Damage (AD)

Division of the claims department that handles auto claims.


What is the meaning of Auto Damage Adjuster

The auto damage adjuster is responsible for writing the repair estimate for your vehicle. This adjuster will also answer your questions about the repair process, your rental vehicle, or your total loss settlement.


Thank you for visiting our website and read this FAQ article about "What is the Definition of Policyholders Surplus?". We hope you get what you searching for.

definitionly.com is a website that contains information about the definition or meaning of a word. You can search for the terms you are looking for in the search field above.

Related Posts

Subscribe Our Newsletter