What is Cadangan Klaim?
In this glossary, Cadangan Klaim refers to: A liability account on an insurer’s balance sheet representing the estimated value of unpaid reported and incurred but not reported (IBNR) claims, set aside to meet future policyholder obligations.
How is Cadangan Klaim used in finance?
In finance communication, this term appears in contexts such as: "Perusahaan asuransi meningkatkan cadangan klaim untuk memastikan dana yang cukup bagi klaim yang telah dilaporkan dan yang belum dilaporkan."
Why does Cadangan Klaim matter in finance?
Cadangan Klaim 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 Cadangan Klaim?
Cadangan Klaim is mainly used by Financial Analysts, Bankers, and Traders.
What category does Cadangan Klaim belong to?
In this glossary, Cadangan Klaim 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.