Surplus management


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Surplus management

Related: Asset management

Asset Management

The act or practice of an investment advisory firm making investment decisions on behalf of a client. Asset management often opens up more potential investment vehicles up to the client. Another advantage is that, theoretically, asset managers have more knowledge and experience in making appropriate investment decisions than their clients. Asset management is usually limited to institutional investors and high net-worth individuals, as it is usually expensive.
References in periodicals archive ?
Second, examining alternative methods of surplus management can provide insights into the relative costs of changing various firm policies.
Regulatory oversight of surplus management normally focuses on solvency--commissioners thus typically focus on limiting overstatement.
Distinguishing Between Growth and Surplus Management
Because of these concerns (which are similar to those discussed by Jones, 1991), the normal relation between growth and surplus to assets is estimated and surplus management is attributed only to the residual.
position to set off brought-forward surplus management and other expenses
although the accumulated surplus management and other expenses referred to
In this article, the authors have examined the immunization strategy of surplus management under a stochastic process for an insurance company.
With the emphasis on surplus management, the company continues to improve its investment portfolio by reducing equity holdings, increasing fixed income securities and extending asset duration to further match its liabilities.
com's active buyer network and service offering through July 2006 to outsource their surplus management and sales activities, increase their returns and reduce their administrative costs.
Prior to joining LFD, Smith was the chief actuarial officer for The Lincoln National Life Insurance Company, where his responsibilities included the actuarial opinion and memorandum, surplus management, and asset-liability management.
The credit profile of OTPPB also reflects the independence from its sponsors; the solid track record in asset growth and above benchmark returns; surplus management and risk management; a highly effective governance structure; and the strong financial ratios of the fund, which compare favorably with 'AAA' rated pension funds.
Previously, Wolff founded Network Access Intermediaries, which served clients in the areas of acquisitions and divestitures, surplus management, reinsurance and marketing partnerships.