Annual Report 2015

Acronyms

Acronym 
AFSAvailable-for-sale
AGGProperty and CASCO aggregate X/L
ALMAsset-liability management
CATCatastrophic excess of loss reinsurance contract
CCSCross currency swap
CDOCredit default option
CDSCredit default swap
CGUCash-generating unit
D&ODirectors and officers liability
DPFDiscretionary participation features
EBSEconomic balance sheet model
ECLExpected credit loss
FVOFair value option
FVOCIFair value through other comprehensive income
FVTPLFinancial assets at fair value through profit or loss
IBNRIncurred but not reported
IFRICInterpretation of International Financial Reporting Interpretations Committee
IRSInterest rate swap
LATLiability adequacy test
MCEEVMarket Consistent European Embedded Value
MTPLMotor Third Party Liability
MVaRMarket Value at Risk
PPEProperty, plant and equipment
PVFPPresent value of future profit
RBNSReported but not settled
SAAStrategic asset allocation
UPRUnearned premium reserves
X/LExcess of Loss reinsurance