Regulatory surplus

Regulatory surplus

The surplus as measured using regulatory accounting principles (RAP), which may allow the nonmarket valuation of assets or liabilities and which may be materially different from economic surplus.
References in periodicals archive ?
That being said, some of the write-downs were the result of investments backed by monoline insurer Syncora Guarantee, The New York Insurance Department announced it would suspend the insurer's claim payments, effective April 29, unless Syncora restored regulatory surplus by June 2.
Aviva said it had significantly enhanced its capital position over the past three months, with a regulatory surplus of pounds 2.
Aviva described demand as "resilient" and said it had significantly enhanced its capital position in the past quarter, with a regulatory surplus of pounds 2.
In a trading update Aviva said it had significantly enhanced its capital position over the past three months, with a regulatory surplus of pounds 2.
3 million, approximately two times GAAP book value and regulatory surplus, but will result in a modest realized loss under generally accepted accounting principles in the United States of America (GAAP) because of historical unrealized currency translation losses.