Statutory Annual Statement definition

Statutory Annual Statement means the annual statement filed by the Borrower in accordance with requirements of the Governmental Authority of its state of domicile and NAIC, which statement includes the financial statements of the Borrower for the year ended as of the preceding December 31st prepared and reported on the basis of statutory statements of accounting principles and procedures.
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Examples of Statutory Annual Statement in a sentence

  • Statutory Annual Statement for the Year Ended December 31, 1998 C.

  • Statutory Annual Statement for the Year Ended December 31, 1996 E.

  • Statutory Annual Statement for the Year Ended December 31, 1997 D.

  • Statutory Annual Statement for the Year Ended December 31, 1995 F.

  • All communications provided for hereunder shall be in writing, and if to XXXX Re, mailed or delivered to XXXX Re at its office at the address listed in XXXX Re’s Statutory Annual Statement Blank, Attention: Secretary or addressed to any party at the address such party may hereafter designate by written notice to the other parties.

  • Statutory Annual Statement for the Year Ended December 31, 1994 (7) HARTFORD LIFE INSURANCE COMPANY A.

  • Within ninety (90) days following the Closing Date, World shall have delivered to Savers World's NAIC Statutory Annual Statement for the year ended December 31, 1997.

  • Statutory Annual Statement for the Year Ended December 31, 1994 K.

  • We intend to record these transactions in our 1994 Statutory Annual Statement filings, and to settle all accounts by February 15, 1994 Please indicate your agreement to these provisions by signing below, keeping one copy for your records and returning one to me.

  • If the Company experiences a 33 l/3% or greater decrease in its Consolidated Statutory Policyholders' Surplus from the amount reported in its Statutory Annual Statement as of December 31, 2002 (the "Triggering Event"), the Reinsurer shall have the sole option to commute this Contract and to commute all outstanding liabilities (the "Special Commutation") at any time by giving the Company 15 days' prior written notice.

Related to Statutory Annual Statement

  • NAIC Annual Statement is defined in Section 6.2(a).

  • Annual Statement means, with respect to any Insurance Subsidiary for any fiscal year, the annual financial statements of such Insurance Subsidiary as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.

  • 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.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

  • Statutory Statement means a statement of the condition and affairs of an Insurance Subsidiary, prepared in accordance with accounting procedures and practices prescribed or permitted by an applicable insurance regulatory authority or the NAIC, as modified in accordance with permitted practices approved by an applicable insurance regulatory authority, and filed with an applicable insurance regulatory authority or the NAIC.

  • Financial Statement Date means December 31, 1999.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Initial Financial Statements means (a) the audited annual Consolidated financial statements of Borrower dated as of December 31, 2002, and (b) the unaudited quarterly Consolidated financial statements of Borrower dated as of September 30, 2003.

  • Financial Statements has the meaning set forth in Section 3.06.

  • Audited financial statement means a financial statement audited by an outside accounting firm.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Financial Statement has the meaning set forth in Section 4(g) below.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Annual Statement of Compliance As defined in Section 3.13.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Original Financial Statements means the audited consolidated financial statements of the Company for the year ended 31 December 2012.

  • Unaudited Financial Statements has the meaning set forth in Section 3.4(a).

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Statutory Statements means, with respect to any Regulated Insurance Company for any fiscal year, the annual or quarterly financial statements of such Regulated Insurance Company as required to be filed with the Insurance Regulatory Authority of its jurisdiction of domicile and in accordance with the laws of such jurisdiction, together with all exhibits, schedules, certificates and actuarial opinions required to be filed or delivered therewith.