Adjusted Surplus

The net assets of an insurance company less its adjusted liabilities, which are its statutory liabilities less its interest maintenance reserve and its asset valuation reserve. Many financial ratios use the adjusted surplus because the fact that it utilizes the adjusted liabilities is thought to be more accurate.

References in periodicals archive ?

The apparent refined copper balance for the first eight months of 2011 indicates a production deficit of 161,000 mt (a seasonally adjusted surplus of 23,000 mt).

Production deficit keeps copper in balance

Under SSAP 10R, the admissibility test is increased from 10% to 15% of adjusted surplus, and the admissibility test increases the loss carry-back allowance from one year to three.

A taxing situation: how to account for deferred taxes

5% Ratio (Average Lash and Invested and less than l0% Assets [Current and Prior #6 Year]) Change in Surplus = (Change in Surplus)/ Greater than -10%, Ratio (Adjusted Surplus Prior and less than +50% Year) Note: Change in surplus is equal to adjusted surplus for the current year minus adjusted surplus for the prior year.

Chapter 4: insurance company selection

Although, this series exhibits considerable volatility, the adjusted surplus tends to exhibit much less persistence than the actual surplus.

Using financial market information to enhance Canadian fiscal policy

The level of high-risk assets should not exceed 150% of the company's adjusted surplus.

Life insurance due care

Chart 4 shows the revised and previously published estimates of the cyclically adjusted surplus or deficit as percentages of middle-expansion trend GNP.

The cyclically adjusted federal budget and federal debt: revised and updated estimates