Statutory Financial Statements definition

Statutory Financial Statements means all financial statements of the Company’s subsidiary insurance companies for each relevant period, each prepared in accordance with Applicable Accounting Principles.
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Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Body charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.
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Statutory Financial Statements means, with respect to any Person, the annual and quarterly statutory financial statements of such Person filed with the Governmental Authority charged with supervision of such Person.
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Examples of Statutory Financial Statements in a sentence

  • The Company shall furnish to the Trustee and, so long as the Property Trustee holds any of the Securities, the Company shall furnish to the Property Trustee, Statutory Financial Statements promptly following their filing with the Applicable Insurance Regulatory Authority.

  • The delivery requirement set forth in the preceding sentence may be satisfied by submitting the required Statutory Financial Statements pursuant to Section 8.16(b) hereof.

  • If the Parties are unable to resolve any such dispute prior to the date on which the Ceding Company is required to file a Statutory Financial Statement with an applicable insurance regulator, the Ceding Company may use its own good faith calculation of the statutory impairment for purposes of preparing its Statutory Financial Statements.

  • Each reserve and other liability amount in respect of the insurance business, including reserve and other liability amounts in respect of insurance policies, established or reflected in the Statutory Financial Statements was reviewed and certified by an independent actuary in accordance with applicable state insurance laws and regulations.

  • The Statutory Financial Statements fairly present the financial condition, the results of operations, changes in equity and changes in financial position of each of the Reliance Standard Insurance Companies and Safety National as of and for the respective dates and periods indicated therein in accordance with SAP applied on a consistent basis.


More Definitions of Statutory Financial Statements

Statutory Financial Statements has the meaning set forth in Section 3.7(a).
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Statutory Financial Statements is defined in Section 5.5.
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Statutory Financial Statements means any annual account required to be prepared by the Dominant Provider in accordance with the requirements of the Companies Act 2006;
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Statutory Financial Statements means, with respect to any Party, the annual and quarterly statutory financial statements of such Party filed with the Governmental Authority charged with supervision of insurance companies in the jurisdiction of domicile of such Party to the extent such Party is required by Applicable Law to prepare and file such financial statements.
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Statutory Financial Statements shall have the meaning given to such term in Section 3(h) hereof.
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Statutory Financial Statements has the meaning set forth in the Reinsurance Agreement.
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Statutory Financial Statements has the meaning specified in Section 6.02.
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