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Insurance

¿Qué es Deficiencia de Primas?

Deficiencia de Primas A situation where the unearned premium reserve is insufficient to cover the expected future claims and expenses on unexpired insurance policies, requiring a premium deficiency reserve under accounting rules.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Deficiencia de Primas” Used in Practice?

Las normas contables exigen a las aseguradoras reconocer una reserva por deficiencia de primas si los siniestros y gastos previstos superan las reservas de primas no devengadas.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

¿Qué es Deficiencia de Primas?

A situation where the unearned premium reserve is insufficient to cover the expected future claims and expenses on unexpired insurance policies, requiring a premium deficiency reserve under accounting rules.

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