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impairment capital

Impairment capital refers to the situation in which the surplus account of a stock insurer is threatened by exhaustion and the insurer invades its capital account to meet liabilities.

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impairment capital

Impairment capital refers to the situation in which the surplus account of a stock insurer is threatened by exhaustion and the insurer invades its capital account to meet liabilities.

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Some jurisdictions allow this, but most do not.