What Does Paid Losses Mean?

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

Paid Losses

Paid Losses

Losses and allocated loss adjustment expenses (ALAE) paid to claimants during a financial reporting period.

We hope the you have a better understanding of the meaning of Paid Losses.

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