DEFINITION of 'Commissioners' Values'
Specific values that are assigned to securities as per the National Association of Insurance Commissioners. The commissioners' values act as a guideline for insurance carriers when they list securities as assets in their annual reports. These values are uniform for all insurance carriers.
BREAKING DOWN 'Commissioners' Values'
The commissioners' values provide insurance commissioners with a way to value securities. This in turn allows them to make certain that carriers have adequate assets to meet their reserve requirements. These values thereby ensure that carriers are financially competent to transact business within the state.