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Definition:
Costs of operating expenses related to collection of premiums, management of the portfolio of insurance contracts, reinsurance contracts and a general managing of the insurance undertaking, including: expenses on maintenance of offices, postal and telecommunications costs, extraneous services expenses, expenses on consumables (energy and materials), amortization of tangible and intangible assets, remuneration with surcharges and travelling.
Source:
Administrative expenses
Definition:
Costs of operating expenses related to collection of premiums, management of the portfolio of insurance contracts, reinsurance contracts and a general managing of the insurance undertaking, including: expenses on maintenance of offices, postal and telecommunications costs, extraneous services expenses, expenses on consumables (energy and materials), amortization of tangible and intangible assets, remuneration with surcharges and travelling.
Source:
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Council Directive 91/674/EEC of 19 December 1991 on the annual accounts and consolidated accounts of insurance undertakings
Place of publication: (Dz. Urz. UE L 374 z 31.12.1991, str. 7—31) -
Regulation of the Minister of Finance of 28 December 2009 on special accounting rules for insurance and reinsurance companies
Place of publication: (Dz. U. poz. 1825, z późn. zm.)
Contact person on methodology:
GUS – Departament Studiów Makroekonomicznych i Finansów
e-mail:
GUS – Departament Studiów Makroekonomicznych i Finansów
e-mail: