Finance English
Insurance

Dự Phòng Bồi Thường la gi?

Dự Phòng Bồi Thường 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 “Dự Phòng Bồi Thường” Used in Practice?

Công ty bảo hiểm đã tăng dự phòng bồi thường sau khi xác định các khoản dự phòng hiện tại không đủ cho các yêu cầu bồi thường tồn đọng.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

Dự Phòng Bồi Thường la gi?

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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