What does ANNUAL STATEMENT mean?

ANNUAL STATEMENT meaning in Law Dictionary

statement of finance given to the state insurance department by an insurer.

ANNUAL STATEMENT meaning in Insurance Dictionary

A yearly report needed by the state insurance coverage commissioner detailing an insurer's earnings, costs, possessions, and liabilities, as well as other important data.

Sentence Examples with the word ANNUAL STATEMENT

Essentially a diplomatist, he took little or no part in the vexed internal affairs of the Dual Monarchy, and he came little before the public except at the annual statement on foreign affairs before the Delegations.

View more Sentence Examples