The Court normally consists of the Chief Justice of the United States and eight associate justices who are nominated by the President and confirmed by the Senate. Once appointed, justices have life tenure unless they resign, retire, or are removed after impeachment (though no justice has ever been removed).
The solvency ratio measures the size of a company's after-tax income, excluding noncash depreciation expenses, compared with the firm's total debt obligations. It provides a measurement of how likely it is a company can continue to meet its debt obligations. The measure is calculated as shown here:
Solvency capital requirements are part of the Solvency II Directive issued by the European Union (EU) in 2009, which replaces 13 existing EU directives. The directive aims to coordinate laws and regulations of the 27 EU members (including the United Kingdom) as they relate to the insurance industry.he solvency capital requirement covers existing business as well as new business expected over the course of 12 months, and is required to be recalculated at least once per year.