In the case of an insurance company, the difference between the market value of the assets and the book values shown in the balance sheet; roughly: the difference between the acquisition cost and the current market price. The new version of the German Insurance Contract Act (VVG), which came into force at the beginning of 2008, grants policyholders the right to participate in the valuation reserve upon termination of the contract. – See Valuability, presentation, credible, fair value, value, current value. – In the respective BaFin annual report “Statistics on primary insurance companies and pension funds” also a detailed overview of the individual items of the valuation reserve in the individual asset categories together with explanations.
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/