Surplus management

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Surplus 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.

Mentioned in ?

Asset/liability management

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.

To affect compensation offered to policyholders, surplus management must occur prior to establishing the appropriate level of policyholder compensation in the conversion.

This evidence is consistent with two basic interpretations: surplus management and growth.

However, focusing on just the management-controlled firms provides evidence consistent with surplus management.

Incentives for managing accounting information: property-liability insurer stock-charter conversions

In this article, the authors have examined the immunization strategy of surplus management under a stochastic process for an insurance company.