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Glossary > S > "Statutory surplus" Definition

Statutory surplus

The surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes.

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Statutory surplus - The surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes.

Statutory surplus : the surplus of an insurance company determined by the accounting treatment of both assets and liabilities as established by state statutes.