2018 Fall Q24
vi) Policyholder's surplus.
The examiner's report says that this is required in the SAO. Where? The only place I could think is in the relevant comments for the materiality standard... but that's only IF its chosen to use 10% of PH surplus.... so it isn't actually required. Is there somewhere else it should be disclosed?
Thanks
Comments
Policyholder surplus is disclosed on Exhibit B of the SAO (item 7 - called Statutory Surplus. Different name but it's the same thing!). This would be disclosed regardless of what was used for the materiality standard.