Category Details


Insurance Claims Reserves

A claims reserve is the money that is earmarked for the eventual claim payment. The claims reserve funds are set aside for the future payment of incurred claims that have not been settled and, thus, represent a balance sheet liability.

The underlying asset can either be future cash-flows from policies or interest charged on capital.

Excess Insurance Reserves

Excess reserves are capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors or internal controls.

The underlying asset can either be equity or interest charged on capital.

Embedded Value Securities

Embedded value (EV) securitisation is the exchange by an insurance company of its future profit stream on an existing book of insurance business for a monetary consideration received from investors now.

Working Capital Securities

Working capital is a financial metric which represents operating liquidity available to the insurance company.

The underlying asset can either be equity or interest charged on capital.