Concept variable

Additional provision

  Norwegian (bokmål)
Name Additional provision
Definition Additional provision is the part of the result that goes to the insurance contract under certain conditions. That means if the company one year do not achieve the yield in the contract, money from additional provisions can go to the insurance contract, so that the insurance company can pay their interest rate guarantee.
Valid from
Valid to
Owner 960 - Division for financial corporations
Statistical unit Enterprise
Subject 10.13 - Financial enterprises