The concepts described on these pages are words and expressions used in statistics with a specific, limited meaning. In everyday speech the word may have a different meaning. In connection with each definition you can find information about which sets of statistics use the concept.
If you are looking for statistical figures, go from the definition to the statistics page.
Assets covering technical provision
Assets covering technical provision is the result for the financial period in the insurance technical calculation of the insurance company. The main items in the calculation of assets covering technical provision are earned premium, claims incurred and operating expenses. In Finland, the income and expenses of investment activities for life insurance and pension insurance companies are included in the insurance technical calculation, not for non-life insurance companies.
Statistics using the definition
Validity of the definition
- Valid until (31 December 2078)