Contingency Reserve means the sum of all assets minus the sum of all liabilities of a health care corporation, as shown in the annual financial statement filed under section 602.
Contingency Reserve means a reserve established for the protection of policyholders covered by policies insuring munici- pal bonds against the effect of excessive losses occurring during adverse economic cycles.
Contingency Reserve means an additional premium reserve established to protect policyholders against the effect of adverse economic cycles.
Examples of Contingency Reserve in a sentence
E.R.S. require a contribution to the Public Employee's Contingency Reserve Fund, the District will be responsible for providing the funding for this contribution.
More Definitions of Contingency Reserve
Contingency Reserve estimating funds necessary to cover any reasonably anticipated capital and operating expenditures in excess of the Annual Plan;
Contingency Reserve means the reserve established for the protection of policyholders against the effect of losses result- ing from adverse economic cycles.
Contingency Reserve means an additional liability reserve established to protect policyholders against the effects of adverse economic developments or cycles or other unforeseen circumstances.
Contingency Reserve means the reserve established under ORS 238.670(1).
Contingency Reserve means accruals (other than de minimis accruals) for matters of a contingent nature that are generally infrequent or unusual and not in the ordinary course of the Borrower’s or its Subsidiaries’ businesses, excluding reserves for the Borrower’s and its Subsidiaries’ workers’ compensation and bodily injury and property damage programs.
Contingency Reserve means contingency reserve as defined in Section 6903 (a) of the New York Insurance Law.
Contingency Reserve means an additionallosspremium reserve, computed on the basis of premiums earned, established to protect policyholders against the effect of adverse economic cycles.