MLchartDataset catalogue

Surplus

Term · Insurance and risk management · MLC-T-INS-003249

The amount by which an insurer's assets exceed its liabilities, representing the company's financial strength and capacity to absorb unexpected losses. This capital acts as a buffer against adverse financial events and supports the insurer's ability to underwrite new policies. Regulatory bodies set minimum surplus requirements to maintain solvency and protect policyholders.

Table 1. Record
IdentifierMLC-T-INS-003249
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003249",
  "term": "Surplus",
  "field": "Insurance and risk management",
  "definition": "The amount by which an insurer's assets exceed its liabilities, representing the company's financial strength and capacity to absorb unexpected losses. This capital acts as a buffer against adverse financial events and supports the insurer's ability to underwrite new policies. Regulatory bodies set minimum surplus requirements to maintain solvency and protect policyholders.",
  "url": "https://mlchart.com/terminology/insurance/surplus/"
}

Record 3,333 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.