The regulation on the accounting of insurance company (insurance company accounting regulation - RechVersV) from 8 November 1994 regulates the accounting of insurance companies in Germany in addition of the commercial code. To insurance compared with "normal "enterprises other evaluation regulations apply. Likewise insurance has deviating regulations, which concerns the arrangement of balance and profit and loss calculation.

Arrangement

The RechVersV is divided into the following sections:

1. Range of application
2. Balance and profit and loss calculation
3. Regulations to individual posts of the balance
   • Post of the assets side
   • Post of the passive side
4. Regulations to individual posts of the profit and loss calculation
5. Appendix
6. Report on the situation
7. Company accounting
8. Releases and simplifications for certain insurance companies
9. Irregularities
10. Concluding clauses

Plant, forms, samples

Plant too "§ 29

In the plant too "§ 29 is to regulations for the computation of the fluctuation resetting

Forms to balance and GuV

In forms are the classification schemes for balance and profit and loss calculation:

• Form 1 for the balance
• Form 2 for the profit and loss calculation of the harming and accident insurance companies and the
• Form 3 for the profit and loss calculation of the life insurance enterprises, the pension and burial funds and the health insurance enterprises
• Form 4 for the profit and loss calculation of the company conclusion as well as in certain special cases for insurance companies

The balance and the profit and loss calculation of insurance companies are developed according to the net principle: The portions are openly set off from the gross posts for the insurance transaction given in Although the portions of the of the insurance-technical resetting are e.g. demands on the they reduce thus the passive side.

The forms 2 and 3 divide the GuV into a insurance-technical and not-insurance-technical Rechnung.Der substantial difference between these two forms are that the capital returns and - expenditures with person insurers part of the insurance-technical calculation are, while they are contained in the not-insurance-technical calculation after form 2. Only a partial amount, which technical interest yield, transferred into the insurance-technical calculation. Form 4 divides the GuV into a insurance-technical calculation for (harming and) the accident insurance business, a insurance-technical calculation for the life insurance business (if necessary health insurance business after kind of the life insurance) as well as a not-insurance-technical calculation.

Costs become from insurance companies not according to kinds of expenditure, but after functional areas, e.g. Expenditures for the conclusion and the administration of insurance contracts or expenditures for the administration of investments, seizes.

Sample 1-6

The RechVersV continues to contain the following samples after those all or determined insurers report has:

• Sample 1 for the development of certain assets, essentially the investments
• Sample 2 to commissions, other purchases of the insurance agents and personnel expenditures
• Sample 3 to 5 to existence and inventory movement of life insurances, pension and burial funds
• Sample 6 for resetting for refund of contributions of the health insurers

Web left

• BaFin: RechVersV (version, only regulation text consolidated)

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