admitted assets Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: admitted assets

admitted assets

assets permitted by state law to be included in an insurance company's annual statement . These assets are an important factor when regulators measure insurance company solvency. They include mortgages, stocks, bonds, and real estate. Historically, a large part of admitted assets consisted of long term mortgages, but with the advent of current assumption whole life insurance policies, short term financial instruments can be used to make up a large part of admitted assets.

allowed assets
nonadmitted assets
safety of assets

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