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Balance Sheet Reserves

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Balance Sheet Reserves
In insurance, an amount set aside and placed on a balance sheet as a liability. The balance sheet reserves exist in order to guarantee the insurance company is able to pay all claims that could be made. As such, balance sheet reserves are determined according to an actuarial formula.


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The airline's balance sheet reserves fell to GBP940m under IFRS from GBP2.
The Company increased its off balance sheet reserves as a percent of securitized assets to 4.
Balance sheet reserves will help reduce the transition liability: * Coming set up an $84 million reserve when it switched to accrual accounting in 1988.
 
 
 
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