MLchartDataset catalogue

Mean reserve

Term · Insurance and risk management · MLC-T-INS-002152

A method of calculating the actuarial reserve for a life insurance policy, representing the average of the reserve at the beginning and end of a policy year. This calculation simplifies the valuation process by providing a single reserve figure for the entire year, rather than requiring continuous adjustments. It is commonly used for financial reporting and regulatory compliance.

Table 1. Record
IdentifierMLC-T-INS-002152
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002152",
  "term": "Mean reserve",
  "field": "Insurance and risk management",
  "definition": "A method of calculating the actuarial reserve for a life insurance policy, representing the average of the reserve at the beginning and end of a policy year. This calculation simplifies the valuation process by providing a single reserve figure for the entire year, rather than requiring continuous adjustments. It is commonly used for financial reporting and regulatory compliance.",
  "url": "https://mlchart.com/terminology/insurance/mean-reserve/"
}

Record 2,108 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.