Qu'est-ce que Provision pour Sinistres ?
Provision pour Sinistres 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 “Provision pour Sinistres” Used in Practice?
L'assureur a augmenté sa provision pour sinistres après avoir constaté que les provisions existantes étaient insuffisantes pour les réclamations en cours.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Download Free for iOSFrequently Asked Questions
Qu'est-ce que Provision pour Sinistres ?
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?
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