Academic literature on the topic 'Technical reserves in non-life insurance'

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Journal articles on the topic "Technical reserves in non-life insurance"

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Sugiharto, Toto, Novita Sulistiowati, and Rina Nofiyanti. "THE RELATIONSHIPS BETWEEN THE FINANCIAL HEALTH AND FINANCIAL PERFORMANCE OF LIFE INSURANCE FIRMS: AN EMPIRICAL EVIDENCE FROM INDONESIA." Jurnal Ilmiah Ekonomi Bisnis 24, no. 3 (2019): 215–24. http://dx.doi.org/10.35760/eb.2019.v24i3.2238.

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Financial performance is of importance for life insurance firms. It is affected by various factors including financial health which is measured by risk-based capital, technical reserve and equity. The study aims at analyzing the effect of these financial health measures on the financial performance of life insurance firms. Secondary data which include financial performance (i.e., return on assets), risk-based capital, technical reserve and equity of thirty three life insurance firms for the periods of 2011-2016 was used. Panel data regression analysis was performed to analyze the obtained data
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Daryanto, Wiwiek Mardawiyah, and Wawan Rahardianto. "Measuring the Financial Health Performance of Life Insurance Company in Indonesia: Case Study During the Period of Before and After the Implementation of Peraturan Otoritas Jasa Keuangan, Nomor 71 /Pojk.05/2016." International Journal of Business Studies 3, no. 2 (2019): 64–71. http://dx.doi.org/10.32924/ijbs.v3i2.125.

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Insurance is simply a risk management by transferring the risk of potential loss to an insurance company. By allowing risk to be spread among a large group of people, everyone will take benefits from insurance. Therefore, selecting strong insurance company is important to make sure that your sum assured or claim will be paid according to the policy term and condition. This research aims to measure, analyze, and compare the financial health performance of public listed life insurance companies in Indonesia namely PT Prudential Life Assurance (PLA) and PT AIA Financial (AIA) from 2013 to 2018 (t
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Norberg, Ragnar, and Bjørn Sundt. "Draft of a System for Solvency Control in Non-Life Insurance." ASTIN Bulletin 15, no. 2 (1985): 149–69. http://dx.doi.org/10.2143/ast.15.2.2015026.

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AbstractAn outline is given of a proposed system for solvency control in non-life insurance that has recently been discussed within a Working Party appointed by the Norwegian supervisory authorities. According to this system the factual technical reserves must at any time be sufficient to meet, with high probability, all future liabilities stipulated by insurance contracts that have either expired or are currently in force. The system is applied to a provisional, simple model that has been fitted to claims data assembled from Norwegian non-life companies. The numerical examples illustrate, int
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Elsayed, Mahmoud, and Amr Soliman. "Prediction of Technical Reserves Based on Grey Model — GM(1,1): Evidence from Non-life Egyptian Insurance Market." Journal of Business and Economics 10, no. 9 (2019): 852–60. http://dx.doi.org/10.15341/jbe(2155-7950)/09.10.2019/006.

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Grey system theory is a mathematical technique used to predict data with known and unknown characteristics. The aim of our research is to forecast the future amount of technical reserves (outstanding claims reserve, loss ratio fluctuations reserve and unearned premiums reserve) up to 2029/2030. This study applies the Grey Model GM(1,1) using data obtained from the Egyptian Financial Supervisory Authority (EFSA) over the period from 2005/2006 to 2015/2016 for non-life Egyptian insurance market. We found that the predicted amounts of outstanding claims reserve and loss ratio fluctuations reserve
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Camino-Mogro, Segundo, and Natalia Bermúdez-Barrezueta. "Determinants of profitability of life and non-life insurance companies: evidence from Ecuador." International Journal of Emerging Markets 14, no. 5 (2019): 831–72. http://dx.doi.org/10.1108/ijoem-07-2018-0371.

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Purpose The purpose of this paper is is to identify the main determinants of insurance profitability on life and non-life segments to obtain which variables affect in each market of the Ecuadorian insurance sector. Design/methodology/approach The authors use a large panel data set with financial information from 2001 to 2017 and estimate the determinants through a panel corrected standard errors regression. Findings The authors found that net premiums, technical reserves, capital ratio and score efficiency are micro-determinants in the life insurance sector, whereas in the non-life sector, the
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Božović, Miloš, and Marija Koprivica. "What drives the capital structure? The case of non-life insurance companies in Serbia." Industrija 49, no. 1 (2021): 25–41. http://dx.doi.org/10.5937/industrija49-30369.

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This paper studies the factors behind the capital structure of insurance companies. We used financial reports of non-life and composite insurance companies in Serbia between 2006 and 2019. In particular, we apply a panel-data approach to examine the relationship between leverage, defined as the ratio of technical reserves to capital and various firm-level characteristics. The coefficients estimated using the individual fixed-effects model indicate a significant and negative influence of profitability, growth and liquidity measures on leverage and a significant and positive influence of company
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Ramlau-Hansen, H. "Life Insurance Accounting at Current Values: A Danish View." British Actuarial Journal 3, no. 3 (1997): 655–73. http://dx.doi.org/10.1017/s1357321700005079.

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ABSTRACTTraditional life insurance accounting standards rely on various types of book and cost values, the result being that the income and balance sheet statements do not necessarily give a true and transparent picture of the result of the life business. As examples, assets are typically stated at a mix of cost, current and amortised cost values, whereas life insurance provisions are calculated according to the approved technical basis.In this paper, it is suggested that this deficiency can be corrected by preparing life insurance accounts at current value. The proposed method implies that th
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Pini, Marco, and Alessandro Rinaldi. "Le attivitŕ reali e finanziarie delle famiglie: un'analisi a livello provinciale." RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, no. 3 (October 2009): 100–134. http://dx.doi.org/10.3280/rest2009-003005.

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- This paper has two objectives. The former is to describe the methodology for estimating household wealth at provincial level adopted by Tagliacarne Institute. In particular, it aims to explain the reasons for which estimates are restricted to real * Gli autori ringraziano il Prof. Paolo Quirino per gli utili suggerimenti forniti. Le opinioni espresse riflettono esclusivamente il pensiero degli autori e non impegnano in alcun modo la responsabilitŕ degli Istituti di appartenenza. ** Istituto di Studi e Analisi Economica - ISAE. *** Fondazione Istituto Guglielmo Tagliacarne. (bonds, shares and
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Dina Manolache, Aurora Elena. "Chain claims reserving methods in non-life insurance." Proceedings of the International Conference on Applied Statistics 1, no. 1 (2019): 216–25. http://dx.doi.org/10.2478/icas-2019-0019.

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Abstract Considering that the reliability of reserves valuation directly influences the financial strength of an insurance company, the main aim of this paper is to present a claims reserving estimation for a Romanian non-life insurer based on the most popular chain methods which are typically used in practice for the estimation of outstanding claims reserves in general insurance industry: Standard Chain Ladder and Munich Chain Ladder both on the claims incurred data and claims paid data. The tail development factors have been estimated based on the curve-fitting methods. The obvious advantage
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de, Andrés-Sánchez. "Fuzzy claim reserving in non-life insurance." Computer Science and Information Systems 11, no. 2 (2014): 825–38. http://dx.doi.org/10.2298/csis121225045a.

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This paper develops several expressions to quantify claim provisions to account in financial statements of a non-life insurance company under the hypothesis of a fuzzy environment. Concretely, by applying the expected value of a fuzzy number and the more general concept of value of a fuzzy number to the ANOVA claim predicting model [2] we estimate claim reserves to account in insurer?s balance sheet and income account.
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Dissertations / Theses on the topic "Technical reserves in non-life insurance"

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Vild, Jiří. "Technické rezervy v neživotním pojištění." Master's thesis, Vysoká škola ekonomická v Praze, 2010. http://www.nusl.cz/ntk/nusl-19197.

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One of the main and crucial activities of an insurance company is to determine amount of technical reserves to be generated. If the insurance company performs in the non-life insurance branch, it focuses first of all on loss reserve which is generated to settle debts coming from insurance claims. To set the proper amount of this reserve, especially of the reserve on incurred but not reported losses (IBNR), mathematical and statistical methods are used. This thesis introduces one of the most used methods which is the chain ladder method. It presents the first chain ladder deterministic model th
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Lahodná, Veronika. "Probelamtika zdanění v pojišťovnictví." Master's thesis, Vysoká škola ekonomická v Praze, 2013. http://www.nusl.cz/ntk/nusl-191485.

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The topic of this diploma thesis is the taxation issue in insurance which represents the specific sector of economy. The insurance helps people to deal with the financial consequencies of the realization of the random event. The first part of the thesis consists of taxation matter from the insurance company point of view. The main part focuses on the technical reserves which are the largest part of the liabilities. Consequently the attention is turned to the clients of the insurance companies and their employers In this part it is suitable to present the taxation principles of the natural pers
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Lindblad, Kalle. "How big is large? : A study of the limit for large insurance claims in case reserves." Thesis, KTH, Matematisk statistik, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-102795.

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A company issuing an insurance will provide, in return for a monetary premium, acceptance of the liability to make certain payments to the insured person or company if some beforehand specified event occurs. There will always be a delay between occurrence of this event and actual payment from the insurance company. It is therefore necessary for the company to put aside money for this liability. This money is called the reserve. When a claim is reported, a claim handler will make an estimate of how much the company will have to pay to the claimant. This amount is booked as a liability. This typ
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KANG, HSIN-TING, and 康欣婷. "A Comparative Study on the Liabilities of Insurance Contracts and Statutory Reserves of Non-participating Whole Life Insurance Policies." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/bdy4e2.

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碩士<br>東吳大學<br>財務工程與精算數學系<br>106<br>This study aims to analyze the liabilities of insurance contracts of non-participating whole life insurance policies under the principle of International Financial Reporting Standard 17 – Insurance Contracts (IFRS 17) and to compare them with statutory reserves of the policies. Using Building Blocks Approach for long-term insurance contracts, we establish actuarial assumptions of policies’ future cash flows including mortality rate and risk-free interest rate curves, and then evaluate the best estimate of liabilities, the risk adjustment and the contractual s
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Books on the topic "Technical reserves in non-life insurance"

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Claims reserving in non-life insurance. North-Holland, 1986.

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Book chapters on the topic "Technical reserves in non-life insurance"

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Straub, Erwin. "Reserves." In Non-Life Insurance Mathematics. Springer Berlin Heidelberg, 1988. http://dx.doi.org/10.1007/978-3-662-03364-7_7.

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