Deficiency reserves definition

Deficiency reserves means the excess, if greater than zero, of

Deficiency reserves means the excess, if greater than zero, of minimum reserves calculated in accordance with the prin- ciples of s. 623.06 (7), Stats., over basic reserves.

Deficiency reserves means the excess, if greater than zero, of minimum reserves calculated in accordance with G.S. 58-58-50(g) over basic reserves.

Examples of Deficiency reserves in a sentence

• No Deficiency Reserves will be held by the Reinsurer for the Reinsured policies.

• If YRT [No Deficiency Reserves will be held by the Reinsurer for the Reinsured policies.] If Coinsurance [The Reinsurer anticipates that it will use the Company's X Factors in calculating deficiency reserves.

• Premium Deficiency Reserves Premium deficiency reserves are established, when required, for the amount of the anticipated losses, loss adjustment expenses, commissions, and other acquisition costs and maintenance costs that have not been previously expensed in excess of the recorded unearned premium reserve, future installment premiums on existing policies, and anticipated investment income.

• Such liabilities include: - Immediate Payment of Claim (IPC) Reserves - Deficiency Reserves - Other Exhibit 8G Reserves.

More Definitions of Deficiency reserves

Deficiency reserves means the excess, if greater than zero, of minimum reserves over basic reserves.

Deficiency reserves. Not reinsured

Deficiency reserves means the excess, if greater than 0, of minimum reserves calculated in accordance with 33-2-526 33-2-412, MCA, over basic reserves.

Deficiency reserves means the excess, if greater than zero, of minimum reserves cal- culated in accordance with KRS 304.6-180 over basic reserves.

Deficiency reserves means the excess, if greater than zero, of minimum reserves, calculated in accordance with the principles of Section 59A-8-5E(1)(e) NMSA 1978, over basic reserves.

Deficiency reserves means the excess over basic reserves, if any, of minimum reserves established in accordance with Section 8 of the Standard Valuation Law.

Deficiency reserves. Allianz Life will not set up deficiency reserves on its portion of the risk. SCHEDULE D - YEARLY RENEWABLE TERM PREMIUMS, PREMIUMS FOR BENENFIT COVERAGES AND SUBSTANDARD FLAT EXTRAS FOR CONVERSIONS Individual Life Reinsurance: The rates shown in this schedule apply to reinsurance cessions of $20,000 or more. The total individual life reinsurance premium on standard cessions and on those cessions with a percentage rating consists of the appropriate rate per $1,000 applied to the amount at risk plus an annual policy fee of $20.00 per cession. Rates for females equal the rates for males four years younger; except that rates for females aged zero to ten equal the rates for males of the same ages and rates for females aged eleven to fourteen equal those for males aged ten.