insurance company: ET explainer: What is the available solvency margin for an insurance company?
ASM indicates financial soundness of an insurance company, a necessary condition for it to make due payments. An inadequate ASM means the insurer may not be able to honour its commitment. Therefore, while seeking insurance cover, it is necessary to select insurers with high ASM.
Life Insurance Corporation Of India Development Association Of India Life Insurance Corporation Insurance Regulatory Development Association Insurance Company
Source: indiatimes.com