What Does Loss Reserves Mean?

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What does Loss Reserves mean? Read on to discover the definition & meaning of the term Loss Reserves - to help you better understand the language used in insurance policies.

Loss Reserves

Loss Reserves

an estimate of liability or provision in an insurer's financial statement, indicating the amount the insurer expects to pay for losses incurred but not yet reported or reported claims that haven't been paid.

We hope the you have a better understanding of the meaning of Loss Reserves.

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