Under current rules, insurance separately determine the technical results and net profit for the year. Technical result of insurance is the difference between accrued revenues from premiums and paid claims and insurance benefits and the evolution of technical reserves to cover future claims and benefits (including reinsurers\' share of revenues from contributions and payment of compensation and benefits) and the cost of insurance. Technical result of insurance is the difference between income and technical costs. Due to the different entities to regulate financial management in the insurance business technical account shall be made for insurance and other personal property and for life insurance, and overall profit and loss account. The first of these allows you to determine the profit or loss from insurance business (technical).
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