Definition: Reinsurance balance
Structural business statistics
Reinsurance balance of the technical account of the profit and loss account.
Link to other variables:
This variable is calculated as follows:
Reinsurers share of gross premiums written (32 18 1)
+ Reinsurers share of the gross change in the provision for unearned premiums (32 18 3) (+/-)
- Reinsurers share of gross claims incurred [32 18 5 + 32 18 6 (+/-)]
- Reinsurance commissions and profit participations (32 18 7)
+ Reinsurers share of the gross amount of other items in the technical account (32 18 8) (+/-)
+ Reinsurers share of gross change in life insurance provision (32 33 4) (+/-)
The Reinsurance balance is used in the calculation of the Sub-total II (= net balance of the technical account) (32 19 0) (+/-).
Source:
Definition of SBS Regulation variables (32 18 0)
Created:
Updated: