Was ist Schadenrückstellung?
Schadenrückstellung An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Schadenrückstellung” Used in Practice?
Der Versicherer erhöhte die Schadenrückstellung wegen höherer als erwarteter Verluste.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Was ist Schadenrückstellung?
An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.
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