Financial Definition of Convention Statement
Meaning of Convention Statement
An annual statement filed by a life insurance company in each state where it does business in compliance with that state’s regulations. The statement and supporting documents show, among other things, the assets, liabilities, and surplus of the reporting company.
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Convention Statement in Historical Law
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| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Convention Statement in the World Encyclopedia of Law |
What is Convention Statement?
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