MLchartDataset catalogue

Deposit accounting

Term · Insurance and risk management · MLC-T-INS-001129

An accounting method used for certain insurance contracts, particularly those that primarily transfer financial risk rather than insurance risk. Under deposit accounting, premiums received are treated as deposits rather than revenue, and claims paid are treated as withdrawals. This method is applied when the contract does not meet the criteria for risk transfer under accounting standards.

Table 1. Record
IdentifierMLC-T-INS-001129
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001129",
  "term": "Deposit accounting",
  "field": "Insurance and risk management",
  "definition": "An accounting method used for certain insurance contracts, particularly those that primarily transfer financial risk rather than insurance risk. Under deposit accounting, premiums received are treated as deposits rather than revenue, and claims paid are treated as withdrawals. This method is applied when the contract does not meet the criteria for risk transfer under accounting standards.",
  "url": "https://mlchart.com/terminology/insurance/deposit-accounting/"
}

Record 938 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.