Original article
Financial Economics
On the nature of the collective account in the net premium reserves in life and pension insurance
Nikola Cholakov - University of National and World Economy
Received: 08 Jun 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 1/2017
JEL
G22
DOI https://doi.org/10.56497/etj1762102
Abstract
Net Premuim Reserves are in the center of life and pension insurance. Usually they are associated with the individual accounts of the insured while the collective account, being collective property of the insured and a very important part of the reserves, remains out-of-the-way and somewhat in the background. The focus here is on the nature and functions of the collective account using a pension plan as an example. This might be a basis for some conclusions about general insurance.
