MLchartDataset catalogue

Admitted assets

Term · Insurance and risk management · MLC-T-INS-000338

Assets recognized by state insurance regulators as legitimate and liquid, which an insurer can include on its balance sheet for solvency calculations. These assets are readily convertible to cash to meet policyholder obligations. Examples include cash, bonds, and real estate, but not goodwill or furniture.

Table 1. Record
IdentifierMLC-T-INS-000338
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000338",
  "term": "Admitted assets",
  "field": "Insurance and risk management",
  "definition": "Assets recognized by state insurance regulators as legitimate and liquid, which an insurer can include on its balance sheet for solvency calculations. These assets are readily convertible to cash to meet policyholder obligations. Examples include cash, bonds, and real estate, but not goodwill or furniture.",
  "url": "https://mlchart.com/terminology/insurance/admitted-assets/"
}

Record 69 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.