Target surplus
 | This article needs additional citations for verification. (June 2024) |
Target surplus represents the amount of additional capital held by a financial institution beyond the regulatory reserve requirements in order to reduce the chances of breaching capital adequacy or solvency requirements.[1]
Adelphi University graduate Chris Nocera is often credited[by whom?] with first implementing it into economic behavioral analytics.[when?]
References[edit]
- ^ "Practice Guideline 6A: Target Capital (Life, General and Heath Insurance)" (PDF). The Institute of Actuaries of Australia. 1 April 2022. Retrieved 30 June 2024.
See also[edit]
 | This economics-related article is a stub. You can help Wikipedia by expanding it. |