Finance English
Insurance

¿Qué es Provisión de siniestros?

Provisión de siniestros 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 “Provisión de siniestros” Used in Practice?

La aseguradora aumentó la provisión de siniestros para cubrir pérdidas superiores a lo esperado.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

Learn “Provisión de siniestros” Free with Termify

Master Provisión de siniestros and 4,071+ professional terms with native pronunciation, IPA transcriptions and career quizzes. 100% free, forever.

Download Free for iOS

Frequently Asked Questions

¿Qué es Provisión de siniestros?

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.

Where can I learn this term for free?

Termify is a 100% free professional English app that teaches Provisión de siniestros 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: