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Incurred but not Reported Losses |
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Incurred but not Reported Losses A claim that an insurer has not yet paid. Incurred but not reported losses do not show up in the insurer's expenditures because of the non-payment. However, they do form part of the insurer's liabilities. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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IBNR Claims Reserves |
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