Description | The period of time for which the policy is written.Typically used in long-term insurance, for analysis of premiums, maturity payouts, surrenders etcA standard category definition of accounting topics. The entire set of accounting categories (established by the Financial Institution) establishes the universe of topics about which accounting information will be monitored.Categorisation of peril types by the nature of circumstances that describe the peril.Includes both peril types to which organisation asset or activities are exposed, and insurable peril types for which the modelled organisation issues insurance policies to its customers.A distinct subset of a market, society, industry, or economy, whose components share similar characteristics. Stocks are often grouped into different sectors depending upon the company's business. Standard & Poor's breaks the market into 11 sectors. Two of these sectors, utilities and consumer staples, are said to be defensive sectors, while the rest tend to be more cyclical in nature. The other nine sectors are: transportation, technology, health care, financial, energy, consumer cyclicals, basic materials, capital goods, and communications services. Other groups break up the market into different sector categorizations, and sometimes break them down further into subsectors.Solvency risk category is a grouping of assets and liabilities, risk exposures and other data elements which may be used as a data source for a given solvency risk component calculation.A sub grouping of s with similar characteristics.This is the category of expenses linked to servicing of both Life and Non Life Insurance and Reinsurance contracts that can be subject to variation over time. Expenses should include both overhead expenses and expenses which are directly assignable to individual claims, policies or transactions.The Default risk category should reflect possible losses due to unexpected default, or deterioration in the credit standing, of the counterparties and debtors of undertakings over the forthcoming twelve months. This risk category includes risk-mitigating contracts, such as reinsurance arrangements, securitisations and derivatives, and receivables from intermediaries, as well as any other credit exposures which are not covered in the spread risk category.A categorisation of derivatives according to purpose.An assessment of whether the derivative is used for risk mitigattion or risk exposure.A categorisation of cash flows based on particular characteristics of that cash flow.A categorisation used to classify hedging strategies.A sub grouping of solvency risk categories with similar characteristics. e.g. Asset Accounting Category e.g. Balance Sheet Classified e.g. Balance Sheet Net Assets e.g. Balance Sheet Order Of Liquidity e.g. Balance Sheet Portfolio Basis e.g. Capital Accounting Category e.g. Cash Flow Direct e.g. Cash Flow Direct Financial Institution e.g. Cash Flow Indirect e.g. Cash Flow Indirect Financial Institution e.g. Collateral Accounting Category e.g. Customer Balance Accounting Category e.g. Expense Accounting Category e.g. Income Accounting Category e.g. Income Statement By Financial Institution e.g. Income Statement By Function e.g. Income Statement By Nature e.g. Liability Accounting Category e.g. Managerial Accounting Category e.g. Statement Of Changes In Equity e.g. Taxation Accounting Category |