Solvency
Insurance companies' ability to pay the claims of policyholders. Regulations to promote solvency include minimum capital and surplus requirements, statutory accounting conventions, limits to insurance company investment and corporate activities, financial ratio tests, and financial data disclosure.
"Solvency" In Context
"London, May 22, 2012 - Willis Re, the reinsurance arm of Willis Group Holdings (NYSE:WSH), the global insurance broker, will this week host the International Cooperative and Mutual Insurance Federation (ICMIF) Solvency II seminar at the Willis Building in ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.