Was ist Schadenrückstellung?
Schadenrückstellung A liability established by insurers to cover future claims payments for reported and incurred-but-not-reported (IBNR) losses, representing the estimated amount required to settle all obligations from insurance contracts.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Schadenrückstellung” Used in Practice?
Der Versicherer erhöhte seine Schadenrückstellung, nachdem eine Überprüfung ergab, dass die bestehenden Rückstellungen für ausstehende Ansprüche nicht ausreichten.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
Learn “Schadenrückstellung” Free with Termify
Master Schadenrückstellung and 4,071+ professional terms with native pronunciation, IPA transcriptions and career quizzes. 100% free, forever.
Download Free for iOSFrequently Asked Questions
Was ist Schadenrückstellung?
A liability established by insurers to cover future claims payments for reported and incurred-but-not-reported (IBNR) losses, representing the estimated amount required to settle all obligations from insurance contracts.
Where can I learn this term for free?
Termify is a 100% free professional English app that teaches Schadenrückstellung and 4,071+ other industry terms with native pronunciation, IPA transcriptions and career quizzes. Available on iOS in 23 languages. No subscription, no credit card required.
Last updated: