What is Technical Reserves?
Definition of Technical Reserves: The money that is allocated to handle certain things, usually for pre-existing events. The four main types of technical provisions are non-premium, unforeseen risks, unreported claims and non-payment claims.
Technical Reserves definition is: Technical provision is the amount that the insurance company covers claims from its profits. The technical provisions include premiums that are not yet income and claims provisions. The last expense is the prize money but not earned. Technical provisions may include provisions for the provision of ongoing threats and for damages, if such provisions have been established.
Literal Meanings of Technical Reserves
Meanings of Technical:
It refers to a particular subject, art, profession or technique.
Used with and related to science and industry.
Due to mechanical damage.
Subject to strict application or interpretation of rules or regulations.
Sentences of Technical
Great technical success
The arrest was a technical violation of the agreement
Synonyms of Technical
scientific, practical, mechanical, applying science, non-theoretical, applied
Meanings of Reserves:
Keep for future use.
Make sure (room, seat, ticket, etc.) is specific to the specific person.
Avoid issuing judgments or judgments without consideration.
Supply of products that are not necessary for immediate use, but are available when needed.
A force that prevents others from acting to strengthen or protect them or is available in regular armed forces as well as in emergencies.
An additional player who is a potential substitute in the team.
A place is reserved for special use.
Lack of warmth, openness or expression.
Minimum price summary
Sentences of Reserves
Roll out half the dough and keep the other half.
Seats are reserved for him in the front row
I kept my point of view on your abilities until it happened again.
Australia has significant reserves of coal, gas and uranium
These people are kept in the reservation center and can be taken anywhere.
I was a backup hacker in the World Cup team
There were some areas where land was allotted, but now it was used for various purposes.
He smiled and some of his reserves melted
No bookings were made, although the pub is expected to auction on November 8. More than 3.5 million.
The reserve motif Father Headrace on a black background was probably first developed in the Tunbridge cutlery industry.
Synonyms of Reserves
stand-in, order, reservoir, substitute, reserves, pool, replacement, book, postpone, put off, second-string, accumulation, stock, store, put to one side, withhold, put aside, stockpile, auxiliaries, keep back