Terms used in official statistics

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Provision for unexpired risks

Shall be designated for the covering of future damage, loss or injury, or accident, claims and costs arising from the insurance contracts concluded. In the insurance within Branch II the provision for unexpired risks shall be a difference between an expected value of future compensations, claims and costs and a sum of the amount of provision for unearned premiums and possible expected future premiums according to the already concluded insurance contracts. In the insurance within branch I the provision for unexpired risk is calculated by using actuarial methods.

  • 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