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Insurance > Assets
The following information is about Assets.
Assets Defined
Assets refer to "all the available properties of every kind or possession of an insurance company that might be used to pay its debts." There are three classifications of assets: invested assets, all other assets, and total admitted assets. Invested assets refer to things such as bonds, stocks, cash and income-producing real estate. All other assets refer to nonincome producing possessions such as the building the company occupies, office furniture, and debts owed, usually in the form of deferred and unpaid premiums. Total admitted assets refer to everything a company owns. All other plus invested assets equals total admitted assets. By law, some states don't permit insurance companies to claim certain goods and possessions, such as deferred and unpaid premiums, in the all other assets category, declaring them "nonadmissable."
This definition is in context to Insurance. See more contextual defintions for Assets.
Surviving the economic roller coaster
Published July 3, 2009, 11:30 pm, Lexington Clipper-Herald
(ARA) - It twists, it turns, it goes up, it comes down and it even has the uncanny ability to make many of us feel a bit wobbly and nauseous. The economic roller coaster has taken all of us for a wild ride, particularly over the past year.
Fire debate: Who owns the trucks?
Published July 3, 2009, 9:19 pm, The Port Lavaca Wave
The non-renewal of the fire protection agreement between the City of Port Lavaca and Calhoun County Commissioners’ Court brings up some issues concerning equipment the county loaned or gave to the city to provide rural fire protection.
Bank's ag loans up for sale
Published July 3, 2009, 7:51 pm, Greeley Tribune
The liquidation of New Frontier Bank continues.Qualified investors can now bid on about $750 million in agriculture loans from the collapsed bank.
Elizabeth bank fails
Published July 3, 2009, 6:10 pm, The Journal-Standard
The Elizabeth State Bank was one of six Illinois banks closed Thursday, July 2, 2009, by state regulators, and beginning Monday, July 6, 2009, its offices will become branches of the Galena State Bank and Trust.
GE exploits TARP loophole
Published July 3, 2009, 5:00 pm, Temple Daily Telegram
WASHINGTON - General Electric, the world’s largest industrial company, has quietly become the biggest beneficiary of one of the government’s key rescue programs for banks.
Opponents of plan for new GM are painted as risky
Published July 3, 2009, 7:20 am, WZZM 13 Grand Rapids
Bondholders question liquidation
Banker doesn't back new watchdog group
Published July 3, 2009, 5:18 am, The Star-Ledger
Gerald Lipkin, chief executive, Valley National Bancorp President Obama has proposed some of the most sweeping regulations governing the financial services industry since the Great Depression. The president's plan would create a Consumer Financial Protection Agency as a watchdog...
Danville bank will have new owner, same staff, on Monday
Published July 3, 2009, 5:12 am, The Champaign News-Gazette
DANVILLE – Officials with the Federal Deposit Insurance Corporation and the new owners of the First National Bank of Danville-Westville on Thursday assured customers that their money is safe after regulators closed the bank.
How to Hit a Financial Planning Homerun
Published July 3, 2009, 3:32 am, Carteret County News-Times
(ARA) - The crack of the bat. The roar of the crowd as you round the bases. While hitting a homerun in the big leagues is only the stuff of dreams for most of us, baseball can serve as a wonderful analogy for our quest for financial security.
The PrivateBank acquires all deposits and certain assets of Founders Bank
Published July 2, 2009, 9:38 pm, Thaipr.net
Acquisition Adds 10 locations to Illinois Network, Extends Reach into Southwest Suburbs PrivateBancorp, Inc. has announced its wholly owned subsidiary, The PrivateBank & Trust Company,
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Off-site Assets Links, User Submitted
The following links have been collected through user bookmark submission in the Assets category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Fri Jul 3
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- The Personal Bankruptcy Information: The idea of personal bankruptcy information itself very direful, however over 5.4 per 1,000 individual& ;#8217;s have filed for bankruptcy last year, and this rate has been considerably increasing at an average of almost 7 percent. The personal bankruptc...
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Thu Jul 2
- ServoTerra Teams with Appirio and Salesforce.com to Build the First B2B Commodity and Futures Marketplace for Trading IT Assets: Salesforce.com [NYSE:CRM], the enterprise cloud computing company, and Appirio (www.appirio.c om), a cloud solution provider, today announced that ServoTerra has built and deployed an asset planning application and B2B trading exchange built entirely on the Force.com platform and the new Force.com Sites capability.
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Off-site Assets Research Links
If you still need additional information on Assets then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
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