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, Society of Actuaries - 28p
  • 1986 - SOA - Determination of Appropriate Surplus Levels, Society of Actuaries - 46p