outstanding loss reserve meaning in Chinese
未决赔款准备金
Examples
- Outstanding loss reserve
未决赔款准备金 - Article 94 an insurance company shall set aside an outstanding loss reserve for the amount of insurance indemnity or the amount of the insurance benefits which have already been claimed , and for those amounts due for which the insured events have occurred , but which has not yet been claimed
第九十四条保险公司应当按照已经提出的保险赔偿或者给付金额,以及已经发生保险事故但尚未提出的保险赔偿或者给付金额,提取未决赔款准备金。