A. Definitions and notations
(1) For the purpose of this Annex, the following definitions shall apply:
(a) 'accident year' means, with respect to a payment for an insurance or reinsurance claim, the year in which the insured event that gave rise to that claim took place;
(b) 'development year' means, with respect to a payment for an insurance or reinsurance claim, the difference between the year of that payment and the accident year of that payment.
(c) 'reporting year' means, with respect to a payment for an insurance or reinsurance claim, the year in which the insured event that gave rise to that claim was notified to the insurance or reinsurance undertaking;
(d) 'financial year' means, with respect to a payment for an insurance or reinsurance claim, the year in which this payment took place.
(2) For the purpose of this annex, 'segment s' denotes the segment for which the undertaking-specific parameter is determined, being one of the segments set out in Annex II or one of the segmen
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