Concept variable
Additional provision
Norwegian (bokmål) | |
Name | Additional provision |
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Definition | Additional provision is the part of the result that goes to the insurance contract under certain conditions. That means if the company one year do not achieve the yield in the contract, money from additional provisions can go to the insurance contract, so that the insurance company can pay their interest rate guarantee. |
Valid from | |
Valid to | |
Owner | 960 - Division for financial corporations |
Statistical unit | Enterprise |
Subject | 10.13 - Financial enterprises |