Earned surplus

{
  "id": "MLC-T-INS-001241",
  "term": "Earned surplus",
  "field": "Insurance and risk management",
  "definition": "The accumulated net income of a company that has been retained and not distributed to shareholders as dividends. In an insurance context, it represents the portion of an insurer's equity that has been generated from profitable operations over time. This surplus is a key component of an insurer's financial strength and capital base, supporting its ability to absorb losses and underwrite new business.",
  "url": "https://mlchart.com/terminology/insurance/earned-surplus/"
}