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Definition:Broken links: Difference between revisions

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[[Definition:Application programming interface (API)]]
[[Definition:Gross written premium (GWP)]]
[[Definition:Cloud computing]]
[[Definition:Net written premium (NWP)]]
[[Definition:Software as a service (SaaS)]]
[[Definition:Gross earned premium (GEP)]]
[[Definition:Platform as a service (PaaS)]]
[[Definition:Net earned premium (NEP)]]
[[Definition:Infrastructure as a service (IaaS)]]
[[Definition:Unearned premium reserve (UPR)]]
[[Definition:Policy administration system (PAS)]]
[[Definition:Deferred acquisition cost (DAC)]]
[[Definition:Claims management system (CMS)]]
[[Definition:Loss ratio (L/R)]]
[[Definition:Billing management system]]
[[Definition:Expense ratio]]
[[Definition:Customer relationship management (CRM)]]
[[Definition:Combined ratio (CR)]]
[[Definition:Enterprise resource planning (ERP)]]
[[Definition:Operating ratio]]
[[Definition:Data warehouse]]
[[Definition:Claims incurred]]
[[Definition:Data lake]]
[[Definition:Incurred but not reported reserve (IBNR)]]
[[Definition:Extract, transform, load (ETL)]]
[[Definition:Outstanding claims reserve (OCR)]]
[[Definition:Business intelligence (BI)]]
[[Definition:Case reserve]]
[[Definition:Artificial intelligence (AI)]]
[[Definition:Run-off]]
[[Definition:Machine learning (ML)]]
[[Definition:Prior-year reserve development]]
[[Definition:Natural language processing (NLP)]]
[[Definition:Favourable reserve development]]
[[Definition:Robotic process automation (RPA)]]
[[Definition:Adverse reserve development]]
[[Definition:Optical character recognition (OCR)]]
[[Definition:Loss adjustment expense (LAE)]]
[[Definition:Straight-through processing (STP)]]
[[Definition:Allocated loss adjustment expense (ALAE)]]
[[Definition:Core insurance platform]]
[[Definition:Unallocated loss adjustment expense (ULAE)]]
[[Definition:Legacy system]]
[[Definition:Underwriting result]]
[[Definition:System migration]]
[[Definition:Underwriting profit]]
[[Definition:Digital transformation]]
[[Definition:Investment income]]
[[Definition:Insurtech]]
[[Definition:Net investment income]]
[[Definition:Microservice architecture]]
[[Definition:Realised gain and loss]]
[[Definition:Monolithic architecture]]
[[Definition:Unrealised gain and loss]]
[[Definition:Service-oriented architecture (SOA)]]
[[Definition:Fair value measurement]]
[[Definition:Containerization]]
[[Definition:Amortised cost]]
[[Definition:DevOps]]
[[Definition:Impairment]]
[[Definition:Continuous integration / continuous deployment (CI/CD)]]
[[Definition:Technical account]]
[[Definition:Agile methodology]]
[[Definition:Non-technical account]]
[[Definition:Waterfall methodology]]
[[Definition:Technical provision]]
[[Definition:User acceptance testing (UAT)]]
[[Definition:Best estimate liability (BEL)]]
[[Definition:Regression testing]]
[[Definition:Risk margin]]
[[Definition:Cybersecurity]]
[[Definition:Risk adjustment]]
[[Definition:Multi-factor authentication (MFA)]]
[[Definition:Contractual service margin (CSM)]]
[[Definition:Single sign-on (SSO)]]
[[Definition:Insurance contract revenue]]
[[Definition:Role-based access control (RBAC)]]
[[Definition:Insurance service expense]]
[[Definition:Encryption]]
[[Definition:Insurance finance income and expense]]
[[Definition:Data masking]]
[[Definition:International Financial Reporting Standard 17 (IFRS 17)]]
[[Definition:Penetration testing]]
[[Definition:International Financial Reporting Standard 9 (IFRS 9)]]
[[Definition:Disaster recovery (DR)]]
[[Definition:General measurement model (GMM)]]
[[Definition:Business continuity planning (BCP)]]
[[Definition:Premium allocation approach (PAA)]]
[[Definition:Recovery point objective (RPO)]]
[[Definition:Variable fee approach (VFA)]]
[[Definition:Recovery time objective (RTO)]]
[[Definition:Onerous contract]]
[[Definition:General Data Protection Regulation (GDPR)]]
[[Definition:Loss component]]
[[Definition:Data privacy]]
[[Definition:Coverage unit]]
[[Definition:Data governance]]
[[Definition:Discounting of reserves]]
[[Definition:Master data management (MDM)]]
[[Definition:Yield curve]]
[[Definition:Data quality management]]
[[Definition:Solvency II]]
[[Definition:Blockchain]]
[[Definition:Solvency capital requirement (SCR)]]
[[Definition:Smart contract]]
[[Definition:Minimum capital requirement (MCR)]]
[[Definition:Distributed ledger technology (DLT)]]
[[Definition:Own funds]]
[[Definition:Internet of things (IoT)]]
[[Definition:Eligible own funds]]
[[Definition:Telematics]]
[[Definition:Tier 1 capital]]
[[Definition:Predictive analytics]]
[[Definition:Tier 2 capital]]
[[Definition:Prescriptive analytics]]
[[Definition:Risk-based capital (RBC)]]
[[Definition:Big data]]
[[Definition:Statutory accounting]]
[[Definition:Data visualization]]
[[Definition:Generally accepted accounting principles (GAAP)]]
[[Definition:Dashboard]]
[[Definition:Embedded value (EV)]]
[[Definition:Bordereaux processing]]
[[Definition:European embedded value (EEV)]]
[[Definition:Electronic data interchange (EDI)]]
[[Definition:Market consistent embedded value (MCEV)]]
[[Definition:ACORD data standard]]
[[Definition:Value of in-force business (VIF)]]
[[Definition:London market messaging (LM TOM)]]
[[Definition:Adjusted net asset value]]
[[Definition:Placing platform limited (PPL)]]
[[Definition:Return on equity (ROE)]]
[[Definition:Document management system (DMS)]]
[[Definition:Return on capital employed (ROCE)]]
[[Definition:Workflow automation]]
[[Definition:Earnings per share (EPS)]]
[[Definition:Low-code / no-code platform]]
[[Definition:Book value per share]]
[[Definition:Digital portal]]
[[Definition:Tangible net asset value]]
[[Definition:Self-service portal]]
[[Definition:Goodwill]]
[[Definition:Chatbot]]
[[Definition:Intangible asset]]
[[Definition:Omnichannel experience]]
[[Definition:Reinsurance recoverable]]
[[Definition:Mobile application]]
[[Definition:Reinsurance payable]]
[[Definition:Responsive web design]]
[[Definition:Ceded premium]]
[[Definition:Cloud-native application]]
[[Definition:Reinsurer share of technical provision]]
[[Definition:Hybrid cloud]]
[[Definition:Salvage and subrogation]]
[[Definition:Multi-cloud strategy]]
[[Definition:Premium deficiency reserve]]
[[Definition:Virtual private cloud (VPC)]]
[[Definition:Catastrophe reserve]]
[[Definition:Identity and access management (IAM)]]
[[Definition:Equalisation reserve]]
[[Definition:Privileged access management (PAM)]]
[[Definition:Policyholder surplus]]
[[Definition:Security information and event management (SIEM)]]
[[Definition:Shareholders' equity]]
[[Definition:Endpoint detection and response (EDR)]]
[[Definition:Retained earnings]]
[[Definition:Ransomware]]
[[Definition:Solvency ratio]]
[[Definition:Phishing]]
[[Definition:Capital adequacy]]
[[Definition:Cyber incident response plan]]
[[Definition:Leverage ratio]]
[[Definition:Service level agreement (SLA)]]
[[Definition:Reserving triangle]]
[[Definition:IT governance]]
[[Definition:Chain-ladder method]]
[[Definition:IT service management (ITSM)]]
[[Definition:Bornhuetter–Ferguson method]]
[[Definition:Configuration management database (CMDB)]]
[[Definition:Actuarial valuation]]
[[Definition:Change management]]
[[Definition:Discount rate]]
[[Definition:Vendor management]]
[[Definition:Present value of future profit (PVFP)]]
[[Definition:Third-party risk management (TPRM)]]
[[Definition:Profit and loss account (P&L)]]
[[Definition:Outsourcing]]
[[Definition:Balance sheet]]
[[Definition:Underwriting workbench]]
[[Definition:Cash flow statement]]
[[Definition:Rating engine]]
[[Definition:Statement of comprehensive income]]
[[Definition:Rules engine]]
[[Definition:Segment reporting]]
[[Definition:Exposure management system]]
[[Definition:Related-party disclosure]]
[[Definition:Catastrophe modelling platform]]
[[Definition:Audit opinion]]
[[Definition:Geospatial analytics]]
[[Definition:Material misstatement]]
[[Definition:Fraud detection system]]
[[Definition:Deferred tax asset]]
[[Definition:Parametric trigger platform]]
[[Definition:Deferred tax liability]]
[[Definition:Digital twin]]
[[Definition:Foreign currency translation]]
[[Definition:Generative artificial intelligence (GenAI)]]
[[Definition:Consolidation]]
[[Definition:Large language model (LLM)]]
[[Definition:Intercompany elimination]]

Revision as of 09:44, 18 March 2026

Definition:Gross written premium (GWP) Definition:Net written premium (NWP) Definition:Gross earned premium (GEP) Definition:Net earned premium (NEP) Definition:Unearned premium reserve (UPR) Definition:Deferred acquisition cost (DAC) Definition:Loss ratio (L/R) Definition:Expense ratio Definition:Combined ratio (CR) Definition:Operating ratio Definition:Claims incurred Definition:Incurred but not reported reserve (IBNR) Definition:Outstanding claims reserve (OCR) Definition:Case reserve Definition:Run-off Definition:Prior-year reserve development Definition:Favourable reserve development Definition:Adverse reserve development Definition:Loss adjustment expense (LAE) Definition:Allocated loss adjustment expense (ALAE) Definition:Unallocated loss adjustment expense (ULAE) Definition:Underwriting result Definition:Underwriting profit Definition:Investment income Definition:Net investment income Definition:Realised gain and loss Definition:Unrealised gain and loss Definition:Fair value measurement Definition:Amortised cost Definition:Impairment Definition:Technical account Definition:Non-technical account Definition:Technical provision Definition:Best estimate liability (BEL) Definition:Risk margin Definition:Risk adjustment Definition:Contractual service margin (CSM) Definition:Insurance contract revenue Definition:Insurance service expense Definition:Insurance finance income and expense Definition:International Financial Reporting Standard 17 (IFRS 17) Definition:International Financial Reporting Standard 9 (IFRS 9) Definition:General measurement model (GMM) Definition:Premium allocation approach (PAA) Definition:Variable fee approach (VFA) Definition:Onerous contract Definition:Loss component Definition:Coverage unit Definition:Discounting of reserves Definition:Yield curve Definition:Solvency II Definition:Solvency capital requirement (SCR) Definition:Minimum capital requirement (MCR) Definition:Own funds Definition:Eligible own funds Definition:Tier 1 capital Definition:Tier 2 capital Definition:Risk-based capital (RBC) Definition:Statutory accounting Definition:Generally accepted accounting principles (GAAP) Definition:Embedded value (EV) Definition:European embedded value (EEV) Definition:Market consistent embedded value (MCEV) Definition:Value of in-force business (VIF) Definition:Adjusted net asset value Definition:Return on equity (ROE) Definition:Return on capital employed (ROCE) Definition:Earnings per share (EPS) Definition:Book value per share Definition:Tangible net asset value Definition:Goodwill Definition:Intangible asset Definition:Reinsurance recoverable Definition:Reinsurance payable Definition:Ceded premium Definition:Reinsurer share of technical provision Definition:Salvage and subrogation Definition:Premium deficiency reserve Definition:Catastrophe reserve Definition:Equalisation reserve Definition:Policyholder surplus Definition:Shareholders' equity Definition:Retained earnings Definition:Solvency ratio Definition:Capital adequacy Definition:Leverage ratio Definition:Reserving triangle Definition:Chain-ladder method Definition:Bornhuetter–Ferguson method Definition:Actuarial valuation Definition:Discount rate Definition:Present value of future profit (PVFP) Definition:Profit and loss account (P&L) Definition:Balance sheet Definition:Cash flow statement Definition:Statement of comprehensive income Definition:Segment reporting Definition:Related-party disclosure Definition:Audit opinion Definition:Material misstatement Definition:Deferred tax asset Definition:Deferred tax liability Definition:Foreign currency translation Definition:Consolidation Definition:Intercompany elimination

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