☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Loss Reserve

The amount an insurer sets aside to pay future claims — based on actuarial estimates of the insurer's liability for reported and unreported claims.

Category: Insurance Regulation
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: