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PDR

It stands for premium deficiency reserve; an amount (provision or reserve) that an insurance company sets aside, on its the...

URR

It stands for unexpired risk reserve; an amount that an insurance company sets aside, on its the balance sheet, in...

Unexpired Risk Reserve

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

Unexpired Risk Provision

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

Premium Deficiency Reserve

An amount (provision or reserve) that an insurance company sets aside, on its the balance sheet, in addition to unearned...

URP

It stands for unexpired risk provision; an amount that an insurance company sets aside, on its the balance sheet, in...

Provision for Unexpired Risks

An amount that an insurance company sets aside, on its the balance sheet, in addition to unearned premiums in connection...

Asset Fluctuation Reserve

A type of reserve that an insurance company (insurer) is required to create as a cushion against losses (generally, fluctuations)...

Actuarial Granularity

In insurance and insurance accounting, granularity reflects the level of detail at which an actuary makes estimates (specifically, in relation...

Insurance Policy Excess

The amount that an insured has to pay towards making a claim. The policy excess is clearly set out in...