Life insurance

Life insurance

Industry: Insurance

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Life insurance

approved or not disapproved for surplus lines

Insurance; Life insurance

Indicates the company is approved (or not disapproved) to write excess or surplus lines in this state.

Annual net investment income after expenses, divided by the mean of cash and net invested assets. This ratio measures the average return on a company's invested assets. This ratio is before capital ...

usual, customary and reasonable fees

Insurance; Life insurance

An amount customarily charged for or covered for similar services and supplies which are medically necessary, recommended by a doctor or required for treatment.

utilization

Insurance; Life insurance

How much a covered group uses a particular health plan or program.

valuation

Insurance; Life insurance

A calculation of the policy reserve in life insurance. Also, a mathematical analysis of the financial condition of a pension plan.

valuation reserve

Insurance; Life insurance

A reserve against the contingency that the valuation of assets, particularly investments, might be higher than what can be actually realized or that a liability may turn out to be greater than the ...