CLAIM ESTIMATE

an estimate – on an undiscounted basis – of the obligation for future loss (as well as loss adjustment expenses) resulting from claims due to past events. Claim estimates may also incorporate a loss estimate (and/or a loss-adjustment expense) that is associated with prospective risk transfers/retentions.

Claim estimates may include elements (eg., case reserves) that are not developed by actuaries.

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Froogle 1.1.1.7

CLAIM ESTIMATE

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