Annual Statement
Summary of an insurer's or reinsurer's financial operations for a particular year, including a balance sheet. It is filed with the state insurance department of each jurisdiction in which the company is licensed to conduct business.
"Annual Statement" In Context
"THE IRISH Farmers’ Association (IFA) has dismissed proposals for the registration of lobbyists’ interests and believes the onus should be on public representatives to give an annual statement of who they meet. The Department of Public Expenditure and ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.