LAT

(redirected from Liability Adequacy Test)
AcronymDefinition
LATLos Angeles Times
LATLatin
LATLatvia
LATLarge Area Telescope (NASA)
LATLatitude
LATLateral
LATLocal Area Transport
LATLatex Agglutination Test (laboratory method)
LATLand Transport Authority (Singapore)
LATLan Accelerating Technology
LATLdap Administration Tool
LATLoad Address Table
LATLanguage of Term
LATLiability Adequacy Test (insurance)
LATLowest Astronomical Tide
LATLiving Apart Together (relationship)
LATLocal Address Table
LATLandes ASten Treffen (German student advocacy)
LATLicensed Athletic Trainer
LATLatest Acceptance Time (shipping)
LATLeaving Air Temperature
LATLower Assessment Threshold (air quality)
LATLinear Algebra Toolkit (mathematics)
LATLocal Apparent Time
LATLand Appreciation Tax
LATLaughing At That
LATLoad Allocation Table (UK)
LATLocal Access Terminal
LATLot Acceptance Test (purchasing tool)
LATLight Anti-Tank
LATLibrary Automation Technologies (est. 2001)
LATLow-Altittude Transport (dropships)
LATLashkar-E-Tayyaba (anti-India insurgent group)
LATLocal Activation Time (electrocardiology)
LATLimited Authority to Teach (instructor approval)
LATLanguage Aptitude Test
LATLinear Attenuation Coefficient
LATLumberman's Association of Texas
LATLand Air Temperature
LATLidocaine, Adrenaline and Tetracaine (topical anesthetic)
LATLife Adjustment Team (mental health)
LATLocal Access Telephony
LATLow-Alarm Threshold
LATLeast Attained Time
LATLiebherr-Aero-Technik GmbH (German corporation)
LATList of Factory Options Available (Sunbeam Tiger Owner's Association)
LATLiquid Apogee Thruster (spacecrafts)
LATLook Ahead Test (seismic recording equipment)
LATLocal Area Telephony
LATLaboratory Assessment Team
LATLigue Anti-Texto (group against SMS language in forums)
LATLogicon Advanced Technology
LATLaser Acquisition & Tracking
LATLook Ahead Technology
LATLogistics Assistance Team
References in periodicals archive ?
Contract awarded for Asset management and liability adequacy test advanced computerized supervision system
The article entitled The Term Structure of Interest Rates and its Impact on the Liability Adequacy Test for Insurance Companies in Brazil analyzes the results of the Liability Adequacy Test, deriving from the use of various construction models, such as the interpolation technique by cubic spline, Svensson's model (adopted by the regulator), and Vasicek's model.
These estimates must be used throughout the life of the contract unless a loss results as a result of a liability adequacy test (a test to determine whether the liability needs to be increased).
Liability Adequacy Test. In order to regulate this test, SUSEP issued the Circular 410/2010 (later on repealed by the Circular 457/2012), which established the LAT for purposes of financial statements and defines rules and procedures for its use.
2): "One of the most relevant elements for calculating the liability adequacy test is the estimation of the term structure of interest rate (TSIR), obtained from financial instruments regarded as free from credit risk available in the Brazilian market" In addition to the test elasticity in relation to the interest rate, it is faced with a choice dilemma, due to the fact the literature offers a range of possible methodologies for extrapolation and interpolation of interest rates, all of them technically grounded and widely adopted by the financial market.
4.2 Liability adequacy test of observed cash flows.
Therefore the results obtained reinforce the warning related to the choice of the most appropriate model for obtaining the rate to be used in the liability adequacy test, as it can severely affect the solvency and performance indicators of insurance companies.
Areas covered in detail related to premium recognition, reserving, unit linked products, liability adequacy tests, claims and claim reserves, and reinsurance treaties.