Net Liabilities to Policyholder Surplus

'Net Liabilities to Policyholder Surplus' is a term used in insurance for the net liabilities expressed as a ratio to policyholder surplus. Net liabilities equal total liabilities less conditional reserves, plus encumbrances on real estate, less the smaller of receivables from or payable to affiliates. This ratio measures company's exposures to errors of estimation in its loss reserves and all other liabilities. Loss-reserve leverage is generally the key component of net liability leverage. The higher the loss-reserve leverage the more critical a company's solvency depends upon maintaining reserve adequacy.

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Net Liquid Assets, Net Option Value, Net Photovoltaic Cell Shipment, Net Photovoltaic Module Shipment, Net Premium, Net Premiums Earned, Net Premiums Written