Life companies may also acquire or construct housing projects provided the aggregate book value of the investments in such projects shall not exceed 25 percent of the total
admitted assets of the company on the 31st day of December next preceding (Section 208 [a]).
leads the list of largest life/annuity companies ranked by total
admitted assets, with $396 billion in total
admitted assets as of year-end 2016 (in 2017 MetLife separated its U.
The group had over $300 million in June 30, 2014 in total
admitted assets and almost $149 million of policyholder surplus.
Originally, drafters suggested that insurers should wait 90 days before treating amounts from any of the risk-management programs as
admitted assets.
According to the Nirvana budget footnotes (in 8-point type), approval of the budget will provide that the State will only take assets that are not needed to pay claims, or will allow IOUs for "borrowed" assets to be carried as
admitted assets on insurers balance sheets, so there would be no change in their financial condition.
Aviva USA's life insurance business had some USD10bn of statutory
admitted assets as of the end of 2013 and includes business written by Aviva Life and Annuity Company and Aviva Life and Annuity Company of New York, Athene added.
Aviva USAa[euro](tm)s life insurance business had some USD10bn of statutory
admitted assets as of the end of 2013 and includes business written by Aviva Life and Annuity Company and Aviva Life and Annuity Company of New York, Athene added.
16) Performance (measured by ROA) varies little across the three ownership structures, but size (measured either by
admitted assets or total premiums) varies substantially.
Net
admitted assets for the top 200 companies grew 9% in 2007 to $4.
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 latest draft of the model law, the "Investments of Insurers Model Act," would set loan-to-value (LTV) ratio ceilings on mortgages secured by real estate; limit investments in mortgages covering any one secured location; cap the percentage of mortgages issued to any one borrower; restrict aggregate investments in mortgages based upon a percentage of
admitted assets; and prohibit an insurer from investing in income-producing equity real estate beyond a specified percentage of
admitted assets.
At December 31, 2011, it had
admitted assets of approximately $834 million, net insurance in force of approximately $5.
