Surplus

  • The availability of surplus sometimes constrains the growth of an insurance company.
    • To optimize growth, a company under such constraint must develop equivalent profit standards for all opportunities that use surplus, such as sales of insurance products, acquisition of investments, or development of a sales force.

1981 – SOA – Insurance Company Growth, Society of Actuaries – 50p

  • 1977 – SOA – Surplus Needs of Life Insurance Companies, rsa77v3n420 – Society of Actuaries – 28p
  • 1986 – SOA – Determination of Appropriate Surplus Levels, rsa86v12n25 – Society of Actuaries – 46p