Insurance

Thiếu hụt phí bảo hiểm

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.

Quick answer: 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.

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

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.

Why it matters

Thiếu hụt phí bảo hiểm 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 Thiếu hụt phí bảo hiểm?

In this glossary, Thiếu hụt phí bảo hiểm 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 Thiếu hụt phí bảo hiểm used in finance?

In finance communication, this term appears in contexts such as: "Chuẩn mực kế toán yêu cầu công ty bảo hiểm phải lập dự phòng thiếu hụt phí bảo hiểm nếu các khoản bồi thường và chi phí dự kiến vượt quá dự phòng phí chưa được ghi nhận."

Why does Thiếu hụt phí bảo hiểm matter in finance?

Thiếu hụt phí bảo hiểm 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 Thiếu hụt phí bảo hiểm?

Thiếu hụt phí bảo hiểm is mainly used by Financial Analysts, Bankers, and Traders.

What category does Thiếu hụt phí bảo hiểm belong to?

In this glossary, Thiếu hụt phí bảo hiểm 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 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.

Operational example

Accounting standards require insurers to recognize a premium deficiency reserve if expected claims and expenses exceed unearned premium reserves.

Localized term

Thiếu hụt phí bảo hiểm

Localized example

Chuẩn mực kế toán yêu cầu công ty bảo hiểm phải lập dự phòng thiếu hụt phí bảo hiểm nếu các khoản bồi thường và chi phí dự kiến vượt quá dự phòng phí chưa được ghi nhận.

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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