nounmoney set aside by an insurance company to meet costs of claims incurred but not yet settled
Related information about claims reserve:
- Claims Reserve Definition | Investopedia
The claims reserve is money that is earmarked for the eventual claim payment. The claims reserve funds are set aside for the future payment of incurred claims ...
- claims reserve - Insurance Glossary
claims reserve - An amount of money set aside to meet future payments associated with claims incurred but not yet settled at the time of a given date.
- Claims Reserve: Definition from Answers.com
Claims Reserve Monetary fund established to pay for claims that the insurance company is aware of (claims incurred or future claims) but that the insurance.
- What is claims reserve? definition and meaning
Definition of claims reserve: Money designated to cover the claims that have occurred but have not yet been settled.
- IEEE Xplore - The problems of the outstanding claims reserve and ...
Abstract. This paper studies the outstanding claims reserve and the incurred but not reported (INBR) claims reserve by establishing their queueing models.
- Credible Claims Reserve: The Benktander Method - Casualty ...
As the credibility factor c should increase similarly as the claims Ck develop, he proposed to take c = Pk and to estimate the claims reserve by. Rc, R = RSF Up~ ...
- Outstanding claims reserve
The outstanding claims reserve is the provision made in the balance sheet of an insurance company for all claims that have been made and for which the insurer ...
- Claims Reserving Manual | The Actuarial Profession
The history of a claim; The claims cohort; Claim numbers and claim amounts; Overall loss and the claims reserve; Primary division of the claims reserve; The full ...