total reserves
Defined in 2 dictionaries — Case Law, U.S. Code
Definitions from Case Law
United States Supreme Court
(1) life insurance reserves, (2) unearned premiums, and unpaid losses (whether or not ascertained), not included in life insurance reserves, and (3) all other insurance reserves required by law.
Defined by the Supreme Court in United States v. Consumer Life Insurance Company First Railroad & Banking Company of Georgia, 430 U.S. 725 (1977).
United States Code
26 U.S.C. § 816 — in this section (3 versions over time)
For purposes of subsection (a), the term "total reserves" means—