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Term of the Day
solvency
BBB rating
limitation on subsidiary borrowing
Definition
The ability of an
insurer
to
cover
their
liabilities
and
meet
the
financial
requirements of doing
insurance
business
.
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Popular 'Insurance' Terms
escrow
annuity
OASDI
risk
comprehensive insurance
insurance
contingent beneficiary
coinsurance
insurance policy
insurance premium
Related Terms
BB rating
limitation on subsidiary borrowing
A rating
BBB rating
free asset ratio (FAR)
total admitted assets
AA rating
voluntary reserve
AAA rating
admitted assets
Mentioned in these terms
solvency ratio
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