Insurance

مخصص الخسائر

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.

Quick answer: 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.

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Quick answer

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.

Why it matters

مخصص الخسائر matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is مخصص الخسائر?

In this glossary, مخصص الخسائر refers to: 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.

How is مخصص الخسائر used in finance?

In finance communication, this term appears in contexts such as: "زادت شركة التأمين مخصص الخسائر بعد مراجعة أظهرت أن المخصصات الحالية غير كافية للمطالبات المعلقة."

Why does مخصص الخسائر matter in finance?

مخصص الخسائر matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses مخصص الخسائر?

مخصص الخسائر is mainly used by Financial Analysts, Bankers, and Traders.

What category does مخصص الخسائر belong to?

In this glossary, مخصص الخسائر is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

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.

Operational example

The insurer increased its loss reserve after a review indicated that existing provisions were insufficient for pending claims.

Localized term

مخصص الخسائر

Localized example

زادت شركة التأمين مخصص الخسائر بعد مراجعة أظهرت أن المخصصات الحالية غير كافية للمطالبات المعلقة.

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Insurance

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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