What Does Outstanding Loss Reserves Mean?

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

Outstanding Loss Reserves

Outstanding Loss Reserves

In captives, those claims that have been reported to the captive but are not settled, and thus the final cost is not yet known.

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

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