In life, it is common to have medical insurance or auto insurance. After all, when buying a car, there will be a compulsory insurance that must be paid. Indeed, the impact of insurance is very great, because many times, if something goes wrong, if there is no insurance to share part of the responsibility, the pressure is very great. 1. What is the proportion of insurance liability reserve? Insurance liability reserve refers to a kind of fund reserve drawn from premium income by insurance companies to undertake unexpired liabilities and deal with outstanding claims. It is a variety of amounts paid by insurance companies to fulfill their obligations of compensation or payment of insurance benefits within the validity period of insurance contracts according to the law. Second, the characteristics of insurance liability reserve 1. Insurance essentially reflects an economic relationship, which is manifested as (1) the commodity exchange relationship between the insurer and the insured; (2) Income redistribution between the insurer and the insured. 2. From the point of view of economics, insurance is a way of loss allocation. Most units and individuals pay premiums to establish insurance funds, so that the losses of a few members are shared by all the insured. 3. Insurance in the legal sense is investment insurance, which is a kind of contractual behavior, that is, by signing an insurance contract, the rights and obligations of both parties are clarified, and the insured obtains compensation within the scope stipulated in the insurance contract by paying the premium, while the insurer has the right to accept the premium and the obligation to provide compensation. Three. Types of insurance liability reserves 1. Property insurance liability reserve can be divided into unearned liability reserve, outstanding claims reserve and general reserve according to purposes. (1) The unexpired liability reserve, also known as the unexpired insurance premium reserve, or the unexpired risk reserve, refers to the insurance premium of the policy that underwrites the business in the current year and is effective in the next fiscal year. The reason why the unexpired liability reserve is generated is that the insurance liability period stipulated in the insurance contract cannot be completely consistent with the enterprise accounting year, because the enterprise accounting year always starts from Gregorian calendar 65438+1 October1to that year 65438+February 3 1, and the insurance liability period may occur at any time. Therefore, in the accounting year, there must be unexpired or collected insurance premiums that should be collected in the next year. This part of the insurance premium is called the unearned liability reserve. (2) Outstanding indemnity reserve refers to the funds drawn from the insurance premium of the current year when an insurance company fails to pay indemnity or insurance premium due to insurance liability before the final accounts of the fiscal year. The extraction and standard of outstanding claims reserve are explained in detail in the interpretation of Article 95 of this Law, and will not be repeated here. (3) The general reserve refers to the fund reserve drawn by an insurance company to cope with catastrophes or major dangers with long cycle and unpredictable consequences. The total reserve should be extracted from the profits after the company's annual final accounts, and a certain scale will be formed over time. (4) Property insurance in a broad sense includes liability insurance and credit insurance. Therefore, liability insurance and credit insurance also need to deposit the above three insurance liability reserves. 2. Life insurance liability reserve, also known as life insurance liability reserve, refers to the fund preparation made by insurance companies for future insurance claims. Life insurance liability reserve is suitable for long-term life insurance business, which comes from the difference between the pure premium and interest of the current year and the premium paid in the current year. Life insurance liability reserve can be divided into theoretical liability reserve and actual liability reserve. (1) Theoretical liability reserve refers to the funds accumulated for the payment of insurance benefits on the basis of pure premiums, and its calculation does not take into account the actual situation of insurance business operation, that is, the extra expenses and their uneven time. (2) The actual liability reserve refers to the liability reserve actually paid by life insurance business, which is calculated by considering the different expenditures of additional expenses in different years and modifying the theoretical liability reserve. Life insurance liability reserve is the funds deposited by the insured in the insurance company. If the insured surrenders or changes the insurance contract during the insurance period, the insurer shall determine the rights that the insured should enjoy according to the actual amount of liability reserve at that time. Due to the difference in management technology between life insurance and property insurance, life insurance liability reserve must be kept separately. 3. Article 93 of the original Insurance Law only stipulated the unearned liability reserve and its withdrawal ratio. In order to further standardize insurance activities, strengthen the supervision and management of the insurance industry, improve the regulatory requirements for the solvency of insurance companies, and prevent and resolve insurance risks, the first paragraph of this article stipulates the principle of extracting various liability reserves, not just unexpired liability reserves.