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Claims Made Policies

Articles and Research Papers


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TypeSize
An examination of the position of the so-called Incurred But Not Enough Reported claims provisions within the South African professional indemnity market by Jowairiya Mahomedy, WITS University Oct 2008
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3 MB
Why Claims Made Policies do not require IBNR Reserves by F D Liebenberg, WITS University, 2007
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562 KB

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From The Glossary »

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Loss:

The liability incurred, or the damage suffered by a claimant. The event of the liability, or loss, is the basis for the amount which the claimant seeks to recover from the insurer. Such terms as ‘losses incurred’ and ‘losses paid’ refer to the aggregate amounts of the losses incurred or paid by an insurer.
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