Insurance Actuarial registry
Claim — Reserve
Reserving provision for expected future payouts.
Canonical Definition
The financial provision held against the expected future payout on an open or reopened claim, set in line with the reserving policy and reviewed at each valuation date.
This term has a different governed meaning in Insurance →
Business Impact
What happens when different meanings of Claim — Reserve are used in parallel.
Operational Risk
Technical provisions, Solvency II BEL, IFRS 17 LIC.
Governance Metadata
This definition is governed. Not merely documented.
- Owner
- Chief Actuary
- Status
- aligned
- Version
- v3
- Effective Date
- 2026-06-01
- Source
- Reserving Policy RES-01
- Domain
- Insurance Actuarial