Finance:Target surplus
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Target surplus represents the amount of additional capital held by a financial institution beyond the regulatory reserve requirements in order to reduce the chances of breaching capital adequacy or solvency requirements.[1]
References
- ↑ "Practice Guideline 6A: Target Capital (Life, General and Health Insurance)". The Institute of Actuaries of Australia. 1 April 2022. https://www.actuaries.asn.au/Library/Standards/MultiPractice/2022/PG6ATargetCapital.pdf.
See also
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