Outstanding claims reserve: related pages

Technical reserves
the amounts insurance companies set aside from profits to cover claims.
Unearned premium reserve
the total amount of premiums written but not yet earned.
Unexpired risk reserve
A reserve created if the unearned premium reserve is felt to be inadequate.
Claims equalisation reserve
A balance sheet item sometimes used by insurance companies who are smoothing revenues.
Embedded Value
This is an estimate of the economic worth of a life insurance business. In essence, it is the present value of distributable earnings which is made up of two components.
European embedded value
A standardised calculation of embedded value and related numbers.
Reinsurance retention ratio
net premium written ÷ gross premium written.
Copyright Graeme Pietersz © 2005-2019