The liability to the insurer for expenses incurred but not paid.
Related information about expense reserve:
- What is expense reserve? definition and meaning
Definition of expense reserve: The liability to the insurer for expenses incurred but not paid.
- expense reserve - Insurance Glossary
expense reserve - A liability item for expenses incurred but not paid.
- A Look at Year-End 2010 Loss and Loss Adjustment Expense ...
Jun 14, 2011 ... Loss and loss adjustment expense reserve development has traditionally been the focus of actuaries, auditors and financial analysts. Statutory ...
- Section VIII - Case Study: Loss Adjustment Expense Reserve Review
Jun 25, 2009 ... Section VIII – Case Study: Loss Adjustment Expense Reserve Review. When a claim occurs, the ultimate amount of the loss is not known until ...
- Exhibit DCC - Defense and Cost Containment Expense Reserve ...
Jun 25, 2009 ... Exhibit DCC – Defense and Cost Containment Expense Reserve Analysis. This exhibit summarizes our accident period analysis of the ...
- Accounting Methods for Obsolete Inventory by GAAP | Chron.com
Two ways to prevent large write-offs are to frequently review inventory for obsolescence and to include an expense reserve for obsolescence in the annual ...
- Allocated Loss Expense Reserves - Casualty Actuarial Society
loss reserve to provide the IBNR allocated loss expense reserve for state- ment purposes. In order to initiate the analysis, the term “loss outstanding” (O/S) is ...
- Gross Premium Valuation Reserves - Society of Actuaries
Nov 2, 2004 ... benefit reserve premium, the net expense reserve premium and the profit ... Natural Expense Reserve; this number will gen- erally be negative.