Glossary

• A
• B
• C
• D
• E
• F
• G
• H
• I
• J
• K
• L
• M
• N
• O
• P
• Q
• R
• S
• T
• U
• V
• W
• X
• Y
• Z
• [0-9]

A

• Acquisition and administrative expenses
• Ad hoc
• Affiliated companies
• ALM
• Asset and Liability Management
• Assets under management
• Austrian Commercial Code
• Austrian Insurance Supervision Act

B

• Baltic States
• Business operating result

C

• Cash flow
• Cash flow statement
• Ceded reinsurance business
• Ceded reinsurance premiums
• CEE
• CEE markets
• Central and Eastern Europe
• Claims incurred but not reported
• Combined Ratio
• Compliance
• Consolidation

D

• Deposits on assumed
• Derivative financial instruments
• Derivatives
• Direct business
• Directors' Dealings
• Dividend yield

E

• Earnings per share
• EIOPA
• Embedded Value
• Enterprise Risk Management
• Environmental Social Governance
• Equity method
• Erste Group
• ESG
• Expenses for claims and insurance benefits

F

• Fair value
• FATCA
• Financial assets available for sale
• Financial assets held to maturity
• Financial result

G

• GDP
• GDPR
• General Data Protection Regulation
• Gross domestic product
• Gross/Net

I

• IAS
• IDD
• IFRS
• Income from investments and interest income
• Indirect business
• Inside information
• Insurance density
• Insurance Distribution Directive
• Insurance payments
• Insurance supervisory authority
• International Financial Reporting Standards

L

• Loss reserve

M

• Market capitalisation
• Market value
• Mathematical reserve

N

• Net earned premiums
• Non-life
• Nordics

O

• Operating return on equity
• Operating RoE
• Organic growth
• ORSA
• Own Risk and Solvency Assessment

P

• PE ratio
• Personal insurance
• Premium
• Premiums written
• Present value
• Price-earnings ratio
• Profit participation
• Profit-related premium refunds
• Profit-unrelated premium refunds
• Provision for unearned premiums

R

• Rating
• Reinsurance
• Retained Earnings

S

• S&P
• Segment reporting
• Single premium
• Solvency II
• Solvency Ratio
• Special markets
• Stakeholders
• Standard & Poor's
• Stock Market Value
• Stress test

U

• UGB
• Underwriter
• Underwriting provisions
• Unit-linked and index-linked life insurance

V

• Value of new business
• Value-at-risk
• VaR
• Volatility