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Insurance

This query is : Resolved 
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(Querist)
03 May 2013 Please explain the meaning of the following sentence:

"The value of insurer's assets at the end of the relevant year was in the aggregate atleast equal to the statutory balance sheet assets value"

Thanks for your help in advance
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 July 2013 Asset value need to insured fully of book value

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