Admitted assets definition

Admitted assets means the amount thereof as of the last day of the most recently concluded annual statement year, computed in accordance with rule 191—5.6(505,515,520).

Admitted assets means those assets owned by the corporation, recognized pursuant to Title 24‑A, section 901‑A, reduced in amount by any applicable provision of this Title or Title 24-A. For purposes of applying the investment limitations of Title 24‑A, chapter 13‑A, the asset value must be that contained in the annual statement of the corporation as of December 31st of the year next preceding the making of the investment or contained in an audited financial report, as defined in Title 24‑A, section 221‑A, of more current origin prepared on the basis of statutory accounting principles.

Admitted assets means, for purposes of the limitations and standards imposed by Articles 1 and 2

Examples of Admitted assets in a sentence

• Admitted assets of a limited purpose subsidiary life insurance company shall include assets approved by the commissioner which shall be deemed to be, and reported as, admitted assets of the limited purpose subsidiary life insurance company.

• Admitted assets" means assets recognized by the superintendent pursuant to section 901‑A.[PL 2001, c.

• Admitted assets may be allowed as deductions from corresponding liabilities, and liabilities may be charged as deductions from assets, and deductions from assets may be charged as liabilities, in accordance with the form of annual statement applicable to such insurer as prescribed by the commissioner, or otherwise in his discretion.

• Admitted assets, if the buyer-lessor is a related party, or either admitted or nonadmitted assets if the buyer-lessor is not a related party.

• Admitted assets increased $64.1 billion to $265 billion from $201 billion over the same time period.

More Definitions of Admitted assets

Admitted assets means assets of an insurer considered admitted under Section 38‑11‑100.

Admitted assets means investment in assets which will be admitted by the superintendent of insurance pursuant to the law of this state.

Admitted assets means assets permitted to be reported as admitted

Admitted assets means assets recognized by the superintendent pursuant to section 901‑A.[PL 2001, c. 72, §11 (AMD).]

Admitted assets means, for purposes of the limitations and standards imposed by Articles 1 and 2 of this chapter, the amount thereof as permitted to be reported on the statutory financial statement of the insurer most recently required to be filed with the Commission pursuant to §§38.2-1300 and 38.2-1301 or other similar provisions within this title, but excluding the assets allocated to separate accounts established pursuant to Article 3 (§ 38.2-1443 et seq.) of this chapter.

Admitted assets means assets permitted to be reported as admitted assets on the statutory financial statement of the life insurance company most recently required to be filed with the commissioner.

Admitted assets means assets permitted to be reported