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Statutory Surplus |
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Statutory surplus The surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes. Statutory Surplus The budget surplus that an insurance company has after it calculates its assets and liabilities according to all applicable state and federal laws. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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