Losses Outstanding
Losses Outstanding
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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There are no interest shortfalls or losses outstanding.
Specifically, in this case Chirchirillo took over a "deficiently structured program" end was able to deliver increased limits on extra expense, a concurrent signed and delivered policy form prior to inception, and an improved structure, all despite two losses outstanding, one within a month of binding.
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