Insurance

Dự phòng bồi thường

An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.

Quick answer: An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.

This term page is part of the Protermify Finance glossary and is published as static HTML for fast indexing and clear language coverage.

Languages

Quick answer

An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.

Why it matters

Dự phòng bồi thường 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 Dự phòng bồi thường?

In this glossary, Dự phòng bồi thường refers to: An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.

How is Dự phòng bồi thường used in finance?

In finance communication, this term appears in contexts such as: "Công ty bảo hiểm tăng dự phòng bồi thường để ứng phó với tổn thất vượt dự kiến."

Why does Dự phòng bồi thường matter in finance?

Dự phòng bồi thường 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 Dự phòng bồi thường?

Dự phòng bồi thường is mainly used by Financial Analysts, Bankers, and Traders.

What category does Dự phòng bồi thường belong to?

In this glossary, Dự phòng bồi thường 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

An insurer’s balance sheet liability representing funds set aside to cover outstanding and incurred but not reported (IBNR) claims. Calculated according to statutory, IFRS 17, or Solvency II requirements.

Operational example

The insurer increased its claims provision to account for higher-than-expected losses during the reporting period.

Localized term

Dự phòng bồi thường

Localized example

Công ty bảo hiểm tăng dự phòng bồi thường để ứng phó với tổn thất vượt dự kiến.

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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