What is Kekurangan Premi?
In this glossary, Kekurangan Premi refers to: A situation where the unearned premium reserve is insufficient to cover the expected future claims and expenses on unexpired insurance policies, requiring a premium deficiency reserve under accounting rules.
How is Kekurangan Premi used in finance?
In finance communication, this term appears in contexts such as: "Standar akuntansi mewajibkan perusahaan asuransi untuk mengakui cadangan kekurangan premi jika klaim dan biaya yang diharapkan melebihi cadangan premi yang belum diperoleh."
Why does Kekurangan Premi matter in finance?
Kekurangan Premi 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 Kekurangan Premi?
Kekurangan Premi is mainly used by Financial Analysts, Bankers, and Traders.
What category does Kekurangan Premi belong to?
In this glossary, Kekurangan Premi 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.
