InsuranceOutstanding debt Exclusive agent Pre-existing condition Promissory warranty Tort law Political risk insurance
Surplus
In the world of finance, we often come across the term "surplus". This refers to the remaining amount after deducting an insurer's liabilities from its assets. It serves as a safety net for policyholders, providing protection in the event of unexpected and high claims. Essentially, it is a financial cushion that ensures the stability and security of the insurance company and its clients. This surplus is carefully managed and monitored to maintain the company's financial health. It is a crucial aspect of the insurance industry and plays a significant role in safeguarding individuals and businesses against potential risks.
Related terms
Understand the meaning and definition of Outstanding debt in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Exclusive agent in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Pre-existing condition in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Promissory warranty in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Tort law in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Political risk insurance in the context of stock market, trading, and investments.
MOREExplore other categories
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
