en

equalisation provision

1

Terminological databases

EKI terminibaas Esterm

ID 691890 Last modified 30.12.2004
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Domain Economicsgeneral aspects of the subject field
equalisation provision preferred
equalization reserve
  • eraldis, mille kindlustusandja moodustab kindlustustegevuse sesoonsusest ja muudest riskidest tulenevate tulevaste tulu kõikumiste vastu
  • equalization reserve - the reserve of an insurance company to equalize the cost of claims which occur at irregular intervals, in order to prevent negative fluctuations in the revenue account
tasanduseraldis
Usage examples
  • Tasanduseraldis moodustatakse krediidikindlustuses kahjusuhte (s.t. esinenud nõuete ja teenitud preemiate suhe) kõikumise ühtlustamiseks aastate lõikes. Tasanduseraldise moodustamine toimub vastavalt kindlustusandja kindlustustehniliste eraldiste moodustamise korrale.
equalisation provision preferred
Usage examples
  • Technical provisions 1. Provision for unearned premiums: 2. Life assurance provision: 3. Claims outstanding: 4. Provision for bonuses and rebates 5. Equalization provision 6. Other technical provisions ...
  • ... insurance undertakings whose credit insurance business amounts to more than a small proportion of their total business require an equalization reserve which does not form part of the solvency margin; whereas that reserve should be calculated according to the methods laid down in this Directive, which are recognized as equivalent.
equalization reserve

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