Annual Report 2015

Acronyms

Acronym 
IFRICInterpretation of International Financial Reporting Interpretations Committee
FVTPLFinancial assets at fair value through profit or loss
FVOCIFair value through other comprehensive income
FVOFair value option
OCIOther comprehensive income
ECLExpected credit loss
AFSAvailable-for-sale
PPEProperty, plant and equipment
CDSCredit default swap
IRSInterest rate swap
CCSCross currency swap
OTCOver the counter derivate
CDOCollateralized debt obligation
ABSAsset backed securities
MTPLMotor Third Party Liability
QSQuote-share reinsurance
X/LExcess of Loss reinsurance
AGGProperty and CASCO aggregate X/L
CATCatastrophic excess of loss reinsurance contract
D&ODirectors and officers liability
DPFDiscretionary participation features
ALMAsset-liability management
MCEVMarket Consistent Embedded Valuation
EBSEconomic balance sheet model
LATLiability adequacy test
RBNSReported but not settled
IBNRIncurred but not reported
UPRUnearned premium reserves
MVaRMarket Value at Risk
CVaRCredit Value at Risk
CEOChief Executive Officer
TCTotal cycle cost
SAAStrategic asset allocation
CGUCash-generating unit