PDA

View Full Version : MSA- Liquid Assets


QuickBuBa
05-10-2009, 04:06 PM
For the MSA Ratio, Liabilities as a % of Liquid Assets...

Does Liquid Assets= Total invested assets?

What do guys think is included in liquid assets?

Darkness Falls
05-10-2009, 04:10 PM
Cash & Bonds are the two that come to mind.
For equity I don't think common shares are. Unsure about preferred shares, since I know some can be redeemed for cash quickly while others can't.

The Bee
05-10-2009, 04:44 PM
Based on the MSA and P&C1 of the company I work for
Liquid Assets are:
Page 20.10, lines 1 - 22

Vanest007
05-10-2009, 04:56 PM
I think total liquid assets = Cash + Total investment + Instalment premiums - Real estate i.e 20.10, line 01 + line 19 + line 22 - line 09

The Bee
05-10-2009, 05:00 PM
Hm... I can see the deduction of Real Estate (that was zero in our P&C1). But receivables from Agents and Instalment premiums was not zero, so I think you need to add both of those. Now I am not sure about receivables from Policyholders, since that is zero for us.
This is what I am going with:
Liquid Assets = page 20.10, lines 1 through 22, less line 09

Darkness Falls
05-10-2009, 05:10 PM
Hm... I can see the deduction of Real Estate (that was zero in our P&C1). But receivables from Agents and Instalment premiums was not zero, so I think you need to add both of those. Now I am not sure about receivables from Policyholders, since that is zero for us.
This is what I am going with:
Liquid Assets = page 20.10, lines 1 through 22, less line 09

Sounds good.