annual statement

listen to the pronunciation of annual statement
English - Turkish

Definition of annual statement in English Turkish dictionary

Related Terms

annual financial statement
yıllık bilanço
English - English
= A report to the state insurance department of the year's financial results The insurer's income and expenses are stated in detail as well as its assets and liabilities
The annual report format prescribed by the NAIC and the states
The annual report, as of December 31, of an insurer to a state insurance department, showing assets and liabilities, receipts and disbursements, and other financial data
A report to the state insurance department of the year's financial results The insurer's income and expenses are stated in detail as well as its assets and liabilities (G)
A company's yearly financial report that is required by the various state insurance departments The report covers the calendar year period and is presented in a form agreed upon by the National Association of Insurance Commissioners This form is also known as the Annual Convention Blank
A summary of an insurance company's (or reinsurer's) financial operations for a particular year, including a balance sheet supported by detailed exhibits and schedules, filed with the (state) insurance department of each jurisdiction in which the company is licensed to conduct business Also known as Convention Blank (USA)
An accounting report that insurers must file each year with the appropriate regulatory agency This report contains detailed accounting and statistical data that regulators use to evaluate a life and health insurance company's solvency and its compliance with insurance laws
Summary of an insurer's or reinsurer's financial operations for a particular year, including a balance sheet It is filed with the state insurance department of each jurisdiction in which the company is licensed to conduct business
A report to the state insurance department of the year’s financial results The insurer’s income and expenses are stated in detail as well as its assets and liabilities

Related Terms

annual financial statement
yearly accounting balance
semi-annual statement
review that is handed in every six months, review that covers the actions that occurred throughout six months
annual statement

    Hyphenation

    an·nu·al state·ment

    Turkish pronunciation

    änyuıl steytmınt

    Pronunciation

    /ˈanyo͞oəl ˈstātmənt/ /ˈænjuːəl ˈsteɪtmənt/
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