TERMIUM Plus®

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UNPAID CLAIMS RESERVE [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2016-03-08

English

Subject field(s)
  • Insurance
DEF

Losses incurred: All losses which happened within the period under study, including both those that have been paid and the others which have not yet been paid, but will become payable.

DEF

Incurred losses : Total of losses paid and loss reserves. The "incurred losses" are calculated by adding the paid losses(less recoveries by subrogation or salvage) to the reserve for unpaid claims at the end of the period, and subtracting the reserve for unpaid claims at the beginning of the period.

OBS

Terms used in the plural form.

French

Domaine(s)
  • Assurances
OBS

Dans l'usage, ces termes devraient normalement s'employer au pluriel.

Spanish

Save record 1

Record 2 1994-10-26

English

Subject field(s)
  • Taxation
  • Insurance
CONT

To ensure that insurance companies’ unpaid claims reserves with respect to non-life insurance business better reflect the economic value of future obligations, these companies will be required to determine these reserves on a fully-discounted basis.

Key term(s)
  • unpaid claim reserves
  • unpaid claims reserves

French

Domaine(s)
  • Fiscalité
  • Assurances
CONT

Les compagnies d'assurance devront déterminer les réserves pour réclamations non réglées qu'elles constituent au titre de leurs activités autres que l'assurance-vie en les calculant entièrement à la valeur actuelle de manière à mieux tenir compte de la valeur économique de leurs obligations futures.

Key term(s)
  • réserves pour réclamations non réglées

Spanish

Save record 2

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