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Admitted Assets
(redirected from Admitted Asset)

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Admitted Assets
In the United States, assets that a state permits an insurance company to include on its balance sheet. Admitted assets vary state to state, but they must be both liquid and able to be valued; they are important to determining an insurance company's solvency in the event an unusually large number of claims are made. Admitted assets usually include mortgages, stocks, bonds and accounts receivable that the company reasonably expects to be paid.


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Driven primarily by the recovery in the investment markets, the industry's total admitted assets increased 3.
In Florida, for example, insurers can invest up to 15 percent of their admitted assets in common or preferred stock, and up to 13 percent of admitted assets in medium- or lower-grade obligations.
The weight for each subsidiary was its admitted assets as a fraction of the total admitted assets of all life subsidiaries.
 
 
 
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