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The resetting for refund of contributions (RfB) is insurance-technical resetting they serves the participation of the insurants in the surplus of an insurance company and is in particular in the life and (private) the health insurance of importance.
As far as the amounts intended for the surplus participation of the insurants are not directly assigned debited to the financial year (direct credit note), to supply are it the resetting for refund of contributions. Turned around the RfB means are inferred, which are good-brought to the insurants.
In the balance classification scheme in form 1 the RechVersV is called this resetting resetting for success-dependent and success-independent refund of contributions, however she is called in the commercial code and in the law of supervision of insurance simply only resetting for refund of contributions. In the following it is named the usual abbreviation RfB.
The term refund of contributions is misleading thereby: The RfB does not serve the repayment of the contributions as a whole e.g. with old age pension insurances with contribution restitution in case of the death of the insured one or in the "accident insurance with contribution restitution" when experiencing. The term refund of contributions refers to a of a part of the contributions. Reason for this is e.g. during the success-dependent refund of contributions that the insured ones pay by the careful choice of the bases of calculation "too much" at contributions and that is again refunded to them. Success-dependent refund of contributions has thus the meaning of surplus participation.
As far as in advance defined surplus portions are thus good-brought to the insurants in the way of the direct credit note, debited to the following financial year, the insurance company is dependent on it to also actually gain the means necessary for it. As far as the means for the surplus participation of the RfB are inferred, the insurance company uses against it means, which were already gained in earlier years and so that in the RfB are present already.
In the life insurance it is a goal, the insurants an as early as possible predictable of furnishing reliable achievement for the safety device of the old-age pension. Therefore should itself the defined surplus-corrode over the time to hardly change. The RfB serves as more explicit, in the balance of proven buffers, so that also with varying results a constant surplus participation can be granted: Sufficiently if means are in the RfB present, then the supply can vary in the individual years, and an even withdrawal is nevertheless possible.
Turned around it can occur in the health insurance that it years gives, in which a high withdrawal from the RfB is desirable, in order strong contribution adjustment to moderate, while in years, in which the contributions hardly, only few means of the RfB rise is taken "to have". In the case of an approximately constant supply thus the RfB adjusts the different need. The use from means the RfB requires the agreement of an independent trustee in the health insurance partially.
First it is a enterprise-political decision, how much - within supervision and borders relating to the law on shares - by the surplus as direct credit note or as supply to the RfB is supplied to the insurants, and how much as yearly surplus remains to the enterprise and/or the shareholders.
Likewise arises the question, which amounts from the RfB the insurants are credited. If the enterprise pays too little, then it has a bad position in the competition around new customers. If it diminishes against it the RfB too strongly, then it has no more reserves, in order to ensure with a negative development further an appropriate payment.
Beyond that defined surplus portions of the subsequent year bound the parts of the RfB not for are replacement for own resources, since they may be used in a state of emergency for the prevention. Therefore it is likewise with supply to consider in particular however withdrawals to what extent own resources are needed. It is to be always preferred for the insurants to avoid separately own resources by occasional renouncement of dispatching (on the amounts themselves, them to be assigned only later) expensive admission of own capital funds on the capital markets.
The amounts, which the RfB is supplied, may be used only for purposes of the surplus participation. With agreement of the supervision authority fixed parts of the RfB can be used for the prevention of a state of emergency in exceptional cases.
In the business plan for the surplus participation an upper limit is fixed for the RfB, so that means of the RfB cannot be supplied for an unlimited period, without paying it also the insured ones for the previous stock level of the life insurance. Afterwards ith D may. R. the free RfB the sum of the supply of the two last years do not exceed.
The RfB is to be formed, if its exclusive use of the means is secured by law, statute, business-regular explanation or contractual agreement for refund of contributions.
Supply to the RfB are taxfree after "§21 KStG, if they are smaller than the profit before supply financial year run off and the exclusive use of the RfB for the surplus participation is secured by business-regular explanation by the statute or. The RfB is to dissolve so far it is higher than the sum
- from the supply of the last three years,
- the amount, whose payment was obligatorily specified as surplus participation by the insurance company the balance-sheet date ago,
- in the health insurance the amount, whose use was obligatorily specified for the reduction by contribution increases in the following financial year by the insurance company the balance-sheet date ago,
- in the life insurance the amount, which is necessary for the financing on the insurance years run off of the which are void conclusion shares in the profits.
The success-dependent RfB covers the amounts, which depend on the entire or on the insurance-technical result of the sighting business or on the result of a branch of insurance or a type of insurance.
The RfB covers the amounts, which depend one on the damage process or on the profit or several or which are fixed by law or contractual agreement.
The distinction into success-dependent and success-us-independent RfB is in practice in particular with health insurance enterprises of importance. In the life insurance practically the success-dependent RfB occurs excluding.
For conclusion surplus, which becomes due during contract completion only, within the RfB a partial resetting (conclusion surplus portion fund) is formed. The calculation method of this fund is fixed in "§ 28 exp. 7 RechVersV. Afterwards the fund is over the contract running time with consideration of interest charges anzufinanzieren ("m/n procedures"), as far as another procedure of the kind of the product is inappropriate.
By the declaration of the surplus portion sets for the subsequent year a part of the RfB in the height is specified, as means are presumably inferred, in order to finance the defined surplus portions. The fixed RfB forms the bound RfB together with the conclusion surplus portion fund. Life insurances have to give data concerning the bound parts of the RfB in the appendix of the end-of-year procedure.
The part of the RfB, which is not bound, is called free RfB. Those are the means, which are assigned already to the collective of the insurants, over whose concrete use however still no resolution are calm.
Health insurances have to subdivide those the balance post RfB after the success-dependent and the success-independent RfB. This Unterschiedung is in practice also only with health insurance enterprises of importance, since from the success-independent RfB the contribution adjustments are cushioned and from the success-dependent RfB the surplus participation system of the contribution restitution are financed.
The pool-relevant RfB from the care obligation insurance belongs to success-independent RfB.
See also: Surplus participation
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