Finance English
Insurance

प्रीमियम की कमी क्या है?

प्रीमियम की कमी 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 “प्रीमियम की कमी” Used in Practice?

यदि अपेक्षित दावे और व्यय अर्जित न की गई प्रीमियम रिजर्व से अधिक हैं, तो बीमाकर्ता को प्रीमियम की कमी के लिए आरक्षित मान्यता देनी होती है।

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

प्रीमियम की कमी क्या है?

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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