tag:blogger.com,1999:blog-188422297406629204.post5542550608530178866..comments2023-08-11T07:55:29.894-07:00Comments on Insurance-Claim-FAQs-Sugavanam: What is an incurred loss?nsugavanamhttp://www.blogger.com/profile/12888940341173414768noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-188422297406629204.post-11613784957217540992012-01-25T05:33:58.664-08:002012-01-25T05:33:58.664-08:00The amount of paid claims and loss reserves within...The amount of paid claims and loss reserves within a particular period of time, usually a policy year.Coverage for a risk, class or type of insurance that is primarily excluded from a reinsurance contract but is excepted from the exclusion because the risk presents only a minimal exposure to the excluded category. The underwriter judges the extent to which the minor (excluded) aspect of a risk might over-balance the larger exposure of the unexcluded portion of the risk.<br /><a href="http://www.allkarebuildingcontractor.co.uk/loss-assessors.html" rel="nofollow">Loss Assessor</a>johnhttps://www.blogger.com/profile/16469922168743268421noreply@blogger.comtag:blogger.com,1999:blog-188422297406629204.post-57165601246720075312010-02-01T01:54:29.673-08:002010-02-01T01:54:29.673-08:00The total amount of paid claims and loss reserves ...The total amount of paid claims and loss reserves associated with a particular period of time, usually a policy year. Incurred losses are customarily computed in accordance with the following formula: losses incurred during the period, plus outstanding losses at the end of the period, less outstanding losses at the beginning of the period.Indianaerohttps://www.blogger.com/profile/03969132338846035244noreply@blogger.com