A disastrous event such as a flood, earthquake, or fire can result in the severe depletion of an insurance company's equalization reserve. These reserves could be seen as the company's personal "rainy day fund," compensating for unforeseen and often expensive events.
Investment dictionary. Academic. 2012.
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Revenue Equalization Reserve Fund — The Revenue Equalization Reserve Fund is the sovereign wealth fund of the Pacific island republic of Kiribati.It was created in 1956 to act as a store of wealth for the country s earnings from phosphate mining, which at one time accounted for 50% … Wikipedia
Revenue Equalization Reserve Fund — A sovereign wealth fund established on the Pacific island of Kiribati. The fund was created in order to manage earnings stemming from the county s phosphate mining industry, which at the time of establishment accounted for over half of Kiribati s … Investment dictionary
tax equalization reserve — financial reserve intended for paying taxes that have not yet been collected (Accounting) … English contemporary dictionary
equalization fund — government fund that supplements the pay of army reserve soldiers … English contemporary dictionary
equalisation reserve — /ikwəlaɪˌzeɪʃən rəˈzɜv/ (say eekwuhluy.zayshuhn ruh zerv) noun a reserve held by an insurer to cover an underwriting loss in whole or in part. Also, equalization reserve … Australian English dictionary
Kiribati — /kear ee bah tee, kear euh bas /, n. a republic in the central Pacific Ocean, on the equator, comprising 33 islands. 56,000; 263 sq. mi. (681 sq. km). Cap.: Tarawa. Formerly, Gilbert Islands. * * * Kiribati Introduction Kiribati Background: The… … Universalium
Fonds souverain — Un fonds souverain (sovereign wealth funds), ou fonds d’État, est un fonds de placements financiers (actions, obligations, etc.) détenu par un État. Les fonds souverains gèrent l épargne nationale et l investissent dans des placements variés… … Wikipédia en Français
Sovereign wealth fund — A sovereign wealth fund (SWF) is a state owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. Sovereign wealth funds have gained world wide exposure by investing in… … Wikipedia
Fondo Soberano de Inversión — Saltar a navegación, búsqueda Un fondo soberano de inversión (del inglés: Sovereign Wealth Fund, expresión acuñada en 2005 por Andrew Rozanov)  o FSI, es un vehículo de inversión de propiedad estatal que controla una cartera de activos… … Wikipedia Español
Kiribati — This article is about the island nation. For other uses, see Kiribati (disambiguation). Not to be confused with Kiritimati, an island in the Line Islands and part of Kiribati. Republic of Kiribati Ribaberiki Kiribati … Wikipedia