Home ⏵ Glossary Terms ⏵ INCURRED (A.K.A. ‘INCURRED LOSSES’)THE TOTAL AMOUNT OF PAID AND RESERVE LOSSES FOR A CLAIM OR POLICY PERIOD.

INCURRED (A.K.A. ‘INCURRED LOSSES’)THE TOTAL AMOUNT OF PAID AND RESERVE LOSSES FOR A CLAIM OR POLICY PERIOD.

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