Financial Statements

October 11, 2023 4 min read Definitions

Statutory Earnings or Losses in General Insurance

Insurance Finance Economics Insurance Statutory Earnings Financial Statements NAIC General Insurance

Understand the concept of statutory earnings or losses in general insurance, particularly as they appear on the NAIC convention blank. Learn how these figures impact an insurer's financial reporting.

October 10, 2023 4 min read Definitions

Convention Blank: Comprehensive Overview for General Insurance

Finance Insurance Studies Regulatory Compliance Insurance Financial Statements Regulation Compliance Convention Blank

Learn about the Convention Blank, a mandatory annual financial statement for insurance companies required in all states. Understand its purpose, regulatory requirements, and filing process.

October 5, 2023 4 min read Definitions

Nonadmitted Assets: Understanding Their Role in Insurance

Finance Insurance Accounting Regulation Insurance Assets Nonadmitted Assets Financial Statements Regulation

Learn about nonadmitted assets in general insurance, which are assets not qualified to be listed on insurance statements due to not meeting state requirements. Discover examples like furniture and fixtures.