Unallocated insurance contracts
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Savings instruments provided by life insurance companies with (usually) a guaranteed investment return (e.g. guaranteed investment contracts). In these insurance contracts the underlying assets belong to the pension plan/fund, not to the insurance company. Technical reserves arising from reinsurance operations should be excluded.
Unallocated insurance contractsKey statistical concept
Savings instruments provided by life insurance companies with (usually) a guaranteed investment return (e.g. guaranteed investment contracts). In these insurance contracts the underlying assets belong to the pension plan/fund, not to the insurance company. Technical reserves arising from reinsurance operations should be excluded.