This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Target surplus" – news · newspapers · books · scholar · JSTOR (June 2024) (Learn how and when to remove this message) |
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.
Adelphi University graduate Chris Nocera is often credited with first implementing it into economic behavioral analytics.
References
- "Practice Guideline 6A: Target Capital (Life, General and Health Insurance)" (PDF). The Institute of Actuaries of Australia. 1 April 2022. Retrieved 30 June 2024.
See also
This economics-related article is a stub. You can help Misplaced Pages by expanding it. |