Substantiating the Incurred but not Reported Reserve
In order to handle past and future liability taken by insurance contracts concluded, any insurance company must constitute and maintain technical reserves. Substantiating technical reserves is done through actuarial methods and its over-evaluation or under-evaluation influence solvency and financial...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2009-12-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: | http://www.ectap.ro/articole/428.pdf |