FINANCE|insurance
- oibleagáid árachais Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- insurance obligation | obligations
- en
- Sainmhíniú insurer’s contractual obligations/rights under an insurance contract Tagairt "CEA - Groupe Consultatif (2007) Solvency II Glossary, http://www.gcactuaries.org/documents/sol2_glossary_final_160307.pdf [13.8.2010]"
- Nóta Total net obligations associated with an insurance company can be split into various parts such as policyholder obligations, obligations arising from business and management cost of the portfolio, tax liabilities, and debts to creditors and others, and in total rights to policyholders (e.g. regarding premiums due or recoveries). Amounts recognized on the balance sheet to meet as liabilities to reflect obligations arising out of insurance contracts, include: – Claims liabilities (whether reported or not); – Liabilities for unearned premiums; – Liabilities for unexpired risks; – Life insurance liabilities, and; – Other liabilities related to life insurance contracts (e.g. premium deposits, accumulated savings for unit-linked contracts, accumulated guaranteed bonus for participating contracts, liabilities for future bonuses for participating contracts).