Insurance companies must form insurance-technical resetting, in order to guarantee the durable fulfillableness of the obligations from their insurance contracts. From balance-theoretical view the insurance-technical resetting cover thereby not only resetting strictly speaking, but also calculation deferred items and commitments opposite the insurants.

Insurance-technical resetting form the predominant part of the passive side of the balance when insurance. They reflect the obligations of the enterprises from the insurance transaction.

General information

Legal regulations

The commercial code (HGB) regulates the balance insurance-technical resetting into "§"§ the 341e to 341h. Supplementing regulations are in the insurance company accounting regulation (RechVersV) in "§"§ the 24 to 32.

Beyond that further regulations exist in particular for the computation of the covering resetting. (Mindest) the doping of the resetting for refund of contributions depends on supervision-legal regulations.

Beginning and evaluation

Insurance-technical resetting are carefully evaluated as resetting. According to the general standard in "§ 341e exp. 1 HGB are to be formed insurance-technical resetting "„also to that extent, how this is necessary after reasonable commercial evaluation, around the durable fulfillableness of the obligations from the insurance contracts to guarantee "“. Further the supervision-legal regulations are to be considered over the bases of calculation which can be used and for the surplus participation of the insurants.

It applies the principle of the individual value. If this is not possible or represents a disproportionate expenditure, the insurance-technical resetting with an approximation method can become estimated. Like that naturally only one estimation is possible e.g. during (part) the resetting for unknown late damage.

Document of identification

The insurance-technical resetting are proven after the balance classification scheme in form 1 of the insurance company accounting regulation (RechVersV) in two passive posts:

Resetting for the obligations from fund and index-linked life insurances as well as of Tontinenversicherungen are under the passive post F. insurance-technical resetting in the range of the life insurance, so far the investment risk by the insurants are carried to prove. It risk of owners of life insurance policies in same height faces investments on the assets side of the posts D. to be paid by and.

In all other respects the balance takes place in the passive post E. insurance-technical resetting.

Net document of identification

Against the general balancing prohibition the balance of the insurance-technical resetting takes place according to the net principle: From the amount of the obligation ("“gross amount"”) the portion is openly set off for the insurance transaction, which actually represents a demand on the in a Vorspalte, given in

Under IFRS against it the gross resetting, which is if necessary differently evaluated than under HGB, is passivated. The portion of the is activated as demand.

Arrangement

According to the balance classification scheme in form 1 the Versicherungsunternehms Rechnungslegungsverordnung (RechVersV) is arranged the passive post E. insurance-technical resetting as follows:

1. Contribution transfers
2. Covering resetting
3. Resetting for accidents not completed yet
4. Resetting for success-dependent and success-independent refund of contributions
5. Fluctuation resetting and similar resetting
6. Other insurance-technical resetting

The passive post F is carried. insurance-technical resetting within the range of the life insurance, so far the investment risk by the insurants is arranged as follows:

1. Covering resetting
2. Remaining insurance-technical resetting

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