A term used to describe a company’s assets and liabilities
In the context of the insurance industry, an investment to secure (cover) claims arising from insurance contracts. Corresponding laws and regulations of the supervisory authorities stipulate the respective ratio. – In the context of pensions, the money accumulated and invested in a funded scheme. – See fund, funded scheme, pension fund, pension fund. – See BaFin Annual Report 2007, p. 11 (insurers may, among other things, invest no more than 7.5 percent of their total assets in credit-risk transfer products; liquidity lines to structured investment vehicles or conduits are prohibited), BaFin Annual Report 2009, p. 94 (statistics on tied assets), and the respective BaFin Annual Report, chapter “Supervision of insurance undertakings and pension funds”.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/