Incurred losses are equal to Available answer options
A. Paid losses plus loss adjustment expenses less the ending unearned premium reserve.
B. Paid losses less the change in the unearned premium reserve for the period.
C. Paid losses plus the ending loss reserve minus the beginning loss reserve.
D. Paid losses less loss adjustment expenses plus earned premiums.

Question

07-06-2024
Business

Answered

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Incurred losses are equal to Available answer options
A. Paid losses plus loss adjustment expenses less the ending unearned premium reserve.
B. Paid losses less the change in the unearned premium reserve for the period.
C. Paid losses plus the ending loss reserve minus the beginning loss reserve.
D. Paid losses less loss adjustment expenses plus earned premiums.

Sagot :

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