Admitted Assets

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.
References in periodicals archive ?
Admitted assets are those recognized and accepted by state insurance laws in determining solvency.
UTA reported adjusted surplus of $38 million and total admitted assets of $218 million at yearend 1998.
Amid a shuffle among the top five life/health writers in the United States, the life/health study shows that total admitted assets for the U.
companies in 2007 asset distributions are Berkshire Hathaway, which remained in the top spot in 2007, with total admitted assets exceeding $121.
The company reported total admitted assets of $125 million and premiums of $80 million at yearend 1996.
is headquartered in Maryland with consolidated admitted assets of more than $17 billion and adjusted surplus of $750 million at Dec.
As of year-end 2004, AIG Life Group's admitted assets were approximately $327 billion, up about 17.
Northwestern Mutual`s return on admitted assets has averaged an exceptional 5.
8 billion in admitted assets, $418 million in policyholder surplus, and $349 million in direct written premium.
H Writers Admitted Assets 2003 ($ billions) Metropolitan Life & Affiliated Cos [70192] AIG Life Group [70342] Prudential of America Group [70189] Hartford Life Group [70116] Aegon USA Inc [69707] TIAA Group [70362] ING Group [70153] NY Life Group [69714] Northwestern Mutual Group [69515] Nationwide Life Group [70350] Note: Table made from bar graph.
30, 2006, the company reported total admitted assets of $3.