Insurance

เงินสำรองค่าสินไหมทดแทน

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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Languages

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

เงินสำรองค่าสินไหมทดแทน 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 เงินสำรองค่าสินไหมทดแทน?

In this glossary, เงินสำรองค่าสินไหมทดแทน 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 เงินสำรองค่าสินไหมทดแทน used in finance?

In finance communication, this term appears in contexts such as: "บริษัทประกันภัยได้เพิ่มเงินสำรองค่าสินไหมทดแทนหลังจากพบว่าเงินสำรองเดิมไม่เพียงพอสำหรับการเรียกร้องที่รอดำเนินการ"

Why does เงินสำรองค่าสินไหมทดแทน matter in finance?

เงินสำรองค่าสินไหมทดแทน 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 เงินสำรองค่าสินไหมทดแทน?

เงินสำรองค่าสินไหมทดแทน is mainly used by Financial Analysts, Bankers, and Traders.

What category does เงินสำรองค่าสินไหมทดแทน belong to?

In this glossary, เงินสำรองค่าสินไหมทดแทน 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

เงินสำรองค่าสินไหมทดแทน

Localized example

บริษัทประกันภัยได้เพิ่มเงินสำรองค่าสินไหมทดแทนหลังจากพบว่าเงินสำรองเดิมไม่เพียงพอสำหรับการเรียกร้องที่รอดำเนินการ

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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