Annual Report 2022

Glossary

Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Internal model

economic capital model verified and approved by the Federal Financial Supervisory Authority that better reflects the company’s risk profile than the standard formula under Solvency II.