IBNR loss definition Archives - SIGMA Actuarial Consulting Group, Inc.

Reserve Analysis and the ABC’s of IBNR

by admin | Dec 14, 2011 | Analytical Issues, Loss Development and Trend

In the SIGMA Tech Talk titled “Understanding Loss Development Factors,” we introduced IBNR losses as those losses which occur during a loss period but are not reported until a later date. The definition of IBNR also typically includes development of known claims. In...

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Reserve Analysis and the ABC’s of IBNR

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